It is not that a portion of ALL income belongs to society; there are inevitable expenses to account for first, which we nominally recognize in things like Standard and Dependent Deductions. Many people live quite modestly despite quite large salaries, investments or other income, because they donate most of it to charity. It would be not only wrong but cruel to show up in April demanding 30% of their annual income after they gave away half of it.
In that regard, taxing a charitable organization or philanthropist isn't any different than taxing a private entity or non-philanthropist. If the latter are capable of financial management, then so are the former.
||||||||||*MySmiley*
Only so evil.
Only so evil.
This message last edited by Burr on 25/09/2012 at 02:31:02 PM
Taxes and Charity
- 23/09/2012 04:57:07 AM
1050 Views
Proof that Burr is ..... 
- 23/09/2012 05:05:37 AM
500 Views
- 23/09/2012 05:05:37 AM
500 Views
Voting.
- 23/09/2012 06:43:12 AM
604 Views
Joel = Fool ; I vote every year, are you just saying random things now? *NM*
- 25/09/2012 01:42:49 AM
195 Views
"I am proud to say that I didn't vote for anyone in 2004."-Anonymous2000
- 25/09/2012 01:52:00 AM
690 Views
Do you have a reading comprehension problem? 
- 25/09/2012 02:54:28 AM
511 Views
- 25/09/2012 02:54:28 AM
511 Views
"Anyone" means "anyone;" perhaps you have a writing comprehension problem.
- 25/09/2012 03:39:11 AM
495 Views
Joel = Moron
- 25/09/2012 04:37:15 AM
514 Views
The statement was ambiguous, hence I was not the only one who read it as I did.
- 25/09/2012 05:19:46 AM
567 Views
I imagine much of Romney's charitable giving is to the Mormon Church.
- 23/09/2012 12:08:45 PM
551 Views
Almost all of my charitable giving goes to Mercy Corps
- 23/09/2012 03:48:30 PM
523 Views
I would argue that "our society" includes the rest of the world as well. *NM*
- 26/09/2012 03:24:02 PM
216 Views
Is the Mormon Church not part of society? But that issue is part of why I favor taxation. *NM*
- 23/09/2012 10:14:39 PM
203 Views
I'm part of society too. Does that mean I'm as worthy a recipient of money as the public purse? *NM*
- 23/09/2012 10:37:31 PM
245 Views
If you can get the IRS to certify you as a 501(c)(3), then yes. If not, no. *NM*
- 23/09/2012 11:07:13 PM
212 Views
To whatever extent that we should support charity beyond taxation, yes, you are, IMO.
- 24/09/2012 03:56:31 AM
497 Views
I agree with you
- 24/09/2012 11:25:14 AM
1897 Views
I DISagree with both of you.
- 25/09/2012 02:36:05 AM
1814 Views
Re: I DISagree with both of you.
- 25/09/2012 02:26:16 PM
796 Views
The difference there is between non-profit and for-profit organizations.
- 26/09/2012 04:09:00 AM
511 Views
At the risk of sounding like a fundamentalist...
- 23/09/2012 11:05:14 PM
544 Views
Local symphonies are usually charities
- 23/09/2012 11:21:07 PM
531 Views
Yes - cultural and educational non-profits are usually tax-deductible.
- 24/09/2012 01:57:13 PM
487 Views
Re: Yes - cultural and educational non-profits are usually tax-deductible.
- 24/09/2012 02:58:17 PM
621 Views
will you count Scientology as a church?
- 26/09/2012 03:26:53 PM
528 Views
Unrelated business income is taxable under IRC 511. You know that.
- 27/09/2012 11:31:45 PM
502 Views
Let's look at this from a different point of view....
- 24/09/2012 11:51:43 PM
472 Views
I covered that point of view in my response. 
- 25/09/2012 03:31:38 AM
632 Views
- 25/09/2012 03:31:38 AM
632 Views
I routinely do not read your posts (including this one)... Too long.
- 25/09/2012 04:12:24 PM
504 Views
Relating a typically long and tortuous experience with (private) bureaucracy was itself protracted.
- 26/09/2012 04:15:35 AM
461 Views