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To: seamole
So pay taxes.


You have it wrong. Whether they are a PAC or a 501c3 charity, they have no profits, and thus would never pay taxes. The only difference is whether the contribution is deductible to the donor.
49 posted on 01/15/2004 8:21:35 AM PST by Atlas Sneezed
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To: Beelzebubba
With a little creativity, I think any organization can make its dues/contributions tax-deductible if it wanted to.

What GOA ought to do is provide one page of "financial advice" of some sort in every edition of its newsletters or magazines. Instead of donating to GOA, members would instead be asked to purchase these "financial advice" newsletters. By definition, this type of thing is a tax-deductible personal expense -- as anyone who has ever subscribed to "The Bottom Line" could tell you (they include this little tidbit in their fine print).

128 posted on 01/15/2004 2:15:41 PM PST by Alberta's Child (Alberta -- the TRUE North strong and free.)
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