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"Similarly, if you were earning 7 figures and wanted to help society / people in need, would the government really be your best choice in terms of bang for your
by pmorici 11y ago
"Similarly, if you were earning 7 figures and wanted to help society / people in need, would the government really be your best choice in terms of bang for your buck?"
Under the current tax code, people already have the ability to donate up to 50% of their income to charity tax free. How many people do you know who donate 50% of their income to charity every year?
- muzz 11y agoWhat is the 50% limitation? In theory, aren't all charitable contributions a deduction? I.e., even up to 100%?
- deleted 11y ago[deleted]