(September 20, 2021 at 3:42 pm)brewer Wrote: Raised $200 million for St Judes hospital. I ain't gonna bitch.
Yea, and they get a tax deduction for doing such, which means what they get back, the rest of tax payers have to compensate for.
Real charity is when you don't ask for anything back.
I used to ask for slips when I gave to charities in the past for a reduction in my taxes so I would get more back. But I now realize that I was forcing others to compensate for what I got back. That is not charity.
Now when I donate money or goods, I don't ask for that tax slip. I simply drop it off and take the loss.
There is absolutely NOTHING WRONG for wanting to help others in need. But if you are going to do that, don't ask for a tax break. Just do it.
If you ask for your government to cut you a break for doing so, what you are doing is forcing others to compensate for what you get back. That is not real charity, that is just PR.