(January 15, 2012 at 12:38 am)KichigaiNeko Wrote:(January 14, 2012 at 7:41 pm)organiccornflake Wrote:(January 13, 2012 at 12:50 pm)Doubting Thomas Wrote: Well I want my tax-free status. Since I apparently worship myself, then everything I buy should be totally tax free since I am my own church.
When every bit of the money you take in is put back into a group of people trying to better themselves, or a charity, you can be. Actually; charity donations already get you a certain sum of tax exemption. Go at it!
Disagree whole heartedly flakey....Charities keep some 50% of "donations" (or more) to maintain the charity. No one is "getting better"
Im glad not everyone believes that; otherwise charities would have no funding.
The point is that donating to charity gets you tax exemption to a certain degree.