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   Awootism 🐺🔞 (blakeisawolf@bark.lgbt)'s status on Wednesday, 10-Jan-2024 15:52:43 JST Awootism 🐺🔞

   Donations aren't what they seem

   • Haelwenn /элвэн/ :triskell: likes this.
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     clacke (clacke@libranet.de)'s status on Wednesday, 10-Jan-2024 15:52:23 JST clacke

     in reply to
     @blakeisawolf Can they write down more than they have to write up?
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     hypolite (hypolite@friendica.mrpetovan.com)'s status on Wednesday, 10-Jan-2024 16:58:02 JST hypolite

     in reply to

     • clacke
     @clacke @blakeisawolf A while ago I read that this program doesn’t allow companies to write off donations made this way. I don’t blame anyone for suspecting foul play but it is apparently legit in this case.
     clacke likes this.
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     Pat voted for Harris/Walz 🇺🇸 (patmadigan@c.im)'s status on Thursday, 11-Jan-2024 00:19:45 JST Pat voted for Harris/Walz 🇺🇸

     in reply to

     • clacke
     • hypolite

     @hypolite @clacke @blakeisawolf Confirmed. Aside from the tax deductions, I was skeptical that the charities even got all of the donations. This short clip from the Today show clarifies how it works.

     https://youtu.be/ilH7gtygP6s?si=GrblUt5py8zPh5D1

     clacke likes this.
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     LovesTha🥧 (lovestha@floss.social)'s status on Sunday, 14-Jan-2024 13:07:25 JST LovesTha🥧

     in reply to

     • clacke
     • hypolite

     @hypolite @clacke @blakeisawolf Either the money is effectively off the books, or it is a $X income increase and a $X deduction. The later will make it look like they donate more money, but neither should change how much tax they pay.

     clacke likes this.
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     b (b@xoxo.zone)'s status on Sunday, 14-Jan-2024 13:07:27 JST b

     in reply to

     • clacke

     @clacke @blakeisawolf Yeah, it's not a tax dodge, but next year they will have ads bragging about how they gave $XXX in charitable donations, without bothering to mention that it wasn't their money.

     clacke likes this.