Current Events > Why do you pay taxes when you could just donate to charity instead?

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g980
07/19/21 1:28:27 PM
#1:


I dont want to fund endless wars so i just donate to charities instead
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R1masher
07/19/21 1:30:30 PM
#2:


I want to fund endless wars so I donate to different churches

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g980
07/19/21 1:31:02 PM
#3:


R1masher posted...
I want to fund endless wars so I donate to different churches


Youve subverted my premise :o
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Solid Snake07
07/19/21 1:31:40 PM
#4:


That's not how it works

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Giant_Aspirin
07/19/21 1:32:45 PM
#5:


tax deductible donations aren't substitutions for the taxes you owe, they lower the amount of income you pay taxes on. so the only way to use charity to avoid paying any income tax is to donate enough to lower your taxable income to 0% tax bracket. but even then you'd be paying SS and Medicare taxes.

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g980
07/19/21 1:33:02 PM
#6:


Solid Snake07 posted...
That's not how it works


@averagejoel explain to him how this works
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g980
07/19/21 1:33:25 PM
#7:


Giant_Aspirin posted...
tax deductible donations don't replace the taxes you owe, they lower the amount of income you pay taxes on.


Yes it does, @averagejoel can explain
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Giant_Aspirin
07/19/21 1:35:41 PM
#8:


oh wow well ive been paying taxes wrong for 20 years, i really need to see this magic tax wizardry that only one dude on CE knows about

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Solid Snake07
07/19/21 1:36:21 PM
#9:


g980 posted...
@averagejoel explain to him how this works


He blocked me months ago. Besides he's not going to know what he's talking about either.

Charitable donations are deductable from your taxable income, not the taxes you owe. And the deduction is limited to a percentage of your income. So even if you literally donated every cent you made you're still going to owe some taxes

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g980
07/19/21 1:36:28 PM
#10:


Giant_Aspirin posted...
oh wow well ive been paying taxes wrong for 20 years, i really need to see this magic tax wizardry that only one dude on CE knows about


Agreed
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averagejoel
07/19/21 2:14:56 PM
#11:


g980 posted...
@averagejoel explain to him how this works
please do not tag me again

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Giant_Aspirin
07/19/21 2:15:49 PM
#12:


... did TC really make this topic just to troll another user with those tagged posts when the inevitable "that's not how it works" replies started?

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RchHomieQuanChi
07/19/21 2:16:51 PM
#13:


Giant_Aspirin posted...
... did TC really make this topic just to troll another user with those tagged posts when the inevitable "that's not how it works" replies started?

Yes, he did.

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g980
07/19/21 2:18:08 PM
#14:


Yes, i did

Just waiting for averagejoel to explain his new favorite claim
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averagejoel
07/19/21 2:19:58 PM
#15:


g980 posted...
Yes, i did

Just waiting for averagejoel to explain his new favorite claim
that wasn't my claim. so you're either making things up or you don't know how to read.

in either case, shut the fuck up and stop talking shit

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g980
07/19/21 2:25:16 PM
#16:


averagejoel posted...

that wasn't my claim. so you're either making things up or you don't know how to read.

in either case, shut the fuck up and stop talking shit


averagejoel posted...

they can donate to a charity of their choosing -- maybe even one that they themselves created -- rather than paying taxes

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Giant_Aspirin
07/19/21 2:25:38 PM
#17:


mods , TC admitted to only creating this topic to troll another user. please lock this nonsense.

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Sackgurl
07/19/21 2:27:09 PM
#18:


g980 posted...
Yes, i did


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