GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Do rich people really give to charity, or is that a bunch of bs?

bobosoft · 05-21-2004, 08:42 AM

Well, it depends what you are giving. If you give a charity cash there has to be some other motivation than taxes. If you are in the 35% tax bracket you are only recieving 35% of that money back from the government. Your donation still cost you 65% of what you donated.

05-21-2004, 08:42 AM
bobosoft Confirmed User Join Date: Mar 2003 Posts: 152	Well, it depends what you are giving. If you give a charity cash there has to be some other motivation than taxes. If you are in the 35% tax bracket you are only recieving 35% of that money back from the government. Your donation still cost you 65% of what you donated.