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To: rface

I’m not sure I understand why the winning bid will be considered tax deductible, since the winner will in fact own a document that is “worth” the winning bid (or something approximating it, depending on how much the winning bid topped the previous bids). Seems to me, the only person that could be in a position to take a deduction is Rush himself. Any comments?


127 posted on 10/18/2007 3:40:25 AM PDT by armydoc
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To: armydoc
seems to me that since all the money is going to an IRS determined not-for-profit org, then the money is a tax deduction. This seems easy for any brain to figure out.

Any tax deduction that Rush gets has minute....almost indetectable .... impact on his income taxes. He makes his charitable donations because he likes the charities - not so much for tax deductions.

135 posted on 10/18/2007 6:29:30 AM PDT by rface (kooky inside and out)
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