this post was submitted on 02 Oct 2023
1299 points (95.3% liked)
Memes
45731 readers
1045 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Deductible means they don't pay taxes on the money they donated
It does nothing to reduce the tax burden on their profits, if the money they're donating wouldn't have been profit in the first place