Kasz216 on 18 October 2012
| twesterm said: Of course I ask this fully realizing these are probably the same people that only donate for tax breaks. |
Nobody donates for tax breaks.
Break in taxes you get for donating is always less then the amount of money you give away.
http://www.thesimpledollar.com/2011/12/18/charity-and-your-tax-bill/
This is due to the fact that we have a graduated tax bracket system.
People talking about "Dropping you into a lower tax bracket" are likely people who have never done their own taxes... since we have a graduated tax bracket.
