OP, I’m curious what capitalist billionaire doesn’t donate? Do you know of any? Last I check, the charity donation loophole is utilized by the wealthy.
Is donating to charity worth the tax deduction? By using the proper tax planning strategies, charitable contributions can reduce three kinds of federal taxes: income, capital gains and estate taxes.
So… wtf is the problem? They’re donating. Why aren’t you happy?
If the state can incentivize charity to negate the effects of capitalist naked self interest, why can’t the state just… help directly?
Because you’re forcing, at gun point, the citizens to pay “charity” (via taxation)… regardless if they can afford it or not.
Good
You understand taxes like income tax, property tax, and even gas tax hurts the poor, right?
Side note: Trump’s policy, according to him, he will eliminate Social Security taxes and taxes on tips.
Less taxation is better for civilizations.
Almost like decades of terrible policies moved the tax burden from the extremely wealthy to the middle lower class.
If you trust trump to improve things for anyone other than himself I got a bridge to sell you.
If you trust Kamala can do anything positive, especially for the economy, including her stolen-Valor-VP… that’s not even gullibleness, that’s just hypnosis. She’s had 3-4 years to do something. Ain’t seen chit, partner. She can’t even manage the ONE major task/project, the borders. If I hired someone to manage a project and they did nothing but sit around, they would be fired within the first 3 months.
At least with Trump I was able to line up interviews and have multiple job offers, I had the upper hand. Best of all, in choosing the company that paid incredibly well, I was able to quickly save up for a 20% down payment on a comfortable home and overall property. Not only that… after Biden won and I had to transition to another organization because COVID got me laid off, I had enough savings not only for that down payment, but survive on said savings for another 8 months without income because it took 8 cot damn months to get another job and now I make 40% less than what I did back from 2018-2020. Couple that with the chit show economy we call, “bidenomics”.
Yeah I’ll take Trump over ANY democrat the DNC selects. In fact, what… economic policy does Kamala have? Other than the one she stole from Trump, eliminating taxes from tips.
lol @ people downvoting this. Yo, legit. I lived in the east bay of California. In a tiny two bedroom (think it was 690sq ft) apartment with my wife and daughter. My neighbor was hanging by a thread until the gas prices hit just over $6/gallon. This is where my neighbor finally hit a brick wall. The gas was so expensive he couldn’t afford to fill his tank of gas to have gas enough for the week to get to work. I gave him $30 so that he was able to get some sort of groceries to feed himself. He had to re-evaluate his groceries in order to have a full tank of a gas to allow him to drive to and from work Monday-Friday. Had I not given him that money he would have legitimately gone at least 1 day if not 2 days without food. This is thanks to the shit tier job the Democrats do year after year, every time they’re in power. And you don’t even give a fk how it impacts others, even yourself. You gaslight yourselves and it’s maddening to witness it.
I bet most of you mfkers are so young you have mommy and daddy to depend on. You don’t have actual responsibilities so you’re clueless about what it is to be an adult, especially a married adult with children.
psssst your down votes don’t hurt my feelings, just shows you have deprogramming to experience.
So… wtf is the problem? They’re donating. Why aren’t you happy?
It’s another way billionaires are taking away power from the common people. They are donating money and reducing their taxes by doing so. What it effectively means is that instead of the democratically elected government deciding on what causes that money is spent on, the billionaires get to decide instead.
So essentially… for example, billionaires are not funding wars, is that right?
More like billionaires donating ‘charities’ that push a certain agenda, e.g. the NRA, instead paying taxes that can be spent on things likje public schools or libraries.
Or they just create their own ‘charity’ that supports whatever political goals they have.
I’m honestly not trying to get a rise out of you… but I don’t see a problem with this:
The National Rifle Association (NRA) Foundation donates to charities through its grant program. The NRA Foundation’s grants support organizations and programs that promote safe and responsible firearms ownership, shooting sports, and hunting safety. The grants also fund education and training programs, community outreach, and research into firearms safety and marksmanship. The NRA Foundation’s State Fund Grant Program provides financial support, supplies, and equipment to local groups and programs that serve youth, women, veterans, law enforcement, the disabled, and the general public.
The problem is that the billionaires get to decide how the money is spent, instead of ‘we the people’. You are basically giving them control over how that tax money is used.
