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this post was submitted on 26 Mar 2024
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That’s cute how you’re putting words in my mouth and pretending to be a tax expert. Kinda funny that you’re a tax expert who doesn’t know what AGI means lol.
That's exactly what you said
You give 100k to a charity, it's used to pay the salary of an employee, 20% in taxes is paid on that, somehow the government is out 80k.
Well no buddy, the government is out the difference between what you had to pay in taxes on that 100k and the 20k in taxes the employee pays.
Buddy, these people don’t make 100k. They make 100M. 100% of their charitable contributions count against their tax burden. Please read the articles I linked before you continue to reply with nonsense