2 ms·
> what matters is that amount of money left in the bank to distribute among company owners. It would still be lower with the philanthropy and tax deductions, r
by squeaky-clean 3y ago
> what matters is that amount of money left in the bank to distribute among company owners.
It would still be lower with the philanthropy and tax deductions, rather than not doing the philanthropy and paying more taxes. You can never get a bigger tax reduction than the amount you're putting in. The only way that would be possible is if tax rates exceeded 100%.