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i would bet good money that GitHub controls a non-profit whose purpose is to give money to open source devs. Otherwise every donation to a sponsor would be a lo
by masukomi 4y ago
i would bet good money that GitHub controls a non-profit whose purpose is to give money to open source devs. Otherwise every donation to a sponsor would be a loss because they're passing on 100% of the money†. If, however, they're giving the money to a non-profit then it's all a tax write-off for them.
† yeah, yeah, soon they'll be charging 10% to companies who sponsor, but I'm betting us little folks donating are cumulatively at least a million dollars and they probably don't want to loose hundred thousand when they could have a tax credit for it.
- weird-eye-issue 4y agoThat's not how basic accounting and taxes works You don't pay taxes on revenue, you pay it on profit. If they pay out all the revenue they owe taxes on $0