Comment by fsckboy
3 hours ago
i guarantee you it was a stock transfer, that's where the real tax write-offs come in.
you give a $200k donation, get a $200k writeoff, saves you about 50% (100K) in taxes you owe, so it's like the government is kicking in $100k and you are kicking in $100k and whatever the govt would otherwise spend the $100K on goes unfunded.
No comments yet
Contribute on Hacker News ↗