"Charles Dexter" <chasdex@[EMAIL PROTECTED]
> wrote in message
news:1r1bep.gq.17.1@[EMAIL PROTECTED]
>
> "alooo" <uh@[EMAIL PROTECTED]
> wrote in message
> news:2AkRj.1$17.0@[EMAIL PROTECTED]
>>
>> <hib3aswell@[EMAIL PROTECTED]
> wrote
>> On Apr 27, 10:39 pm, kri...@[EMAIL PROTECTED]
wrote:
>>> On Apr 27, 8:53 pm, "Ar Q" <ArthurQ...@[EMAIL PROTECTED]
> wrote:
>>>
>>> > And if they do, will Adam be unfired?
>>>
>>> My thought was sort of the same, I wonder if he will give the money
>>> when he finds out:
>>> a) he's not walking away with 500k, it's more like, what, 300k after
>>> tax?
>>> b) he was fired.
>>
>>>My thoughts exactley.Once he realizes the amount of $ that goes to
>>>taxes.No way he's giving 100K
>>
>>
>> Anybody ever hear of tax write-offs?
> You don't understand tax "write-offs", do you? You hear those words
thrown
> around by people who have never had a write-off in their lives. Funny.
Perhaps you're the one who's not familiar with write offs. A charitable
donation reduces the amount of someone's taxable income, which lowers the
amount of the taxes they pay. And donations up to 20% of someone's adjust
gross income are completely deductible. Anybody who thinks that entire
$100K
is coming out of his post-tax earnings is the one who's mistaken.
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