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To: woofie
So if I spend $100 on canvas, paint and brushes, I can donate the result to a non-profit and deduct $25,000 from my income tax return, without having to pay taxes on the supposed increase in value from cost to donated value. Works for me.

Even better, if I go out in the back yard and gather the inevitable result of $100 of dog food, put it in a bag, and send it to the local PBS affiliate, I can pick a number and deduct that as well. This gets better all the time.

5 posted on 03/09/2006 10:55:27 PM PST by Bernard (The more Hillary shows up, the more I understand why Bill settled for Monica.)
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To: Bernard
Even better, if I go out in the back yard and gather the inevitable result of $100 of dog food, put it in a bag, and send it to the local PBS affiliate, I can pick a number and deduct that as well. This gets better all the time.

Dont send it via U S Mail...

7 posted on 03/09/2006 11:03:04 PM PST by woofie
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