To: painter
Most people I know give to charities for tax reasons. Should they be giving to charities for this reason? No, in my opinion. However, this is the case for alot of people. I congratulate you on giving based on the goodness of your heart. However, to think that "99%" of other give based solely out of goodness of their heart, you are wrong.
8 posted on
01/13/2005 8:31:44 AM PST by
Tigerjam
To: Tigerjam
Most people I know give to charities for tax reasons.You do realize that when they take a deduction for donations to charity, their tax is only reduced by a percentage equal to their tax rate, don't you?
e.g. If they donate $100, they may save $25-$30.
That is not really a smart reason to donate to charity. Maybe under the Fair Tax Plan they could donate $70-$75. They would end up with the same money either way and eliminate the middleman (IRS).
26 posted on
01/13/2005 11:28:15 AM PST by
jimthewiz
(An armed society is a polite society)
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