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LiberalArkie

(19,936 posts)

16. Might be a very good idea.

Reply to mahatmakanejeeves (Original post)

Wed Apr 19, 2017, 03:23 PM

Apr 2017

I am guess that every single 5%er has their own foundation or charity. They give money to it and deduct that contribution. But as a member of the board, they have to be paid something. They fly on the charities dime, the stay at expensive places around the world on the charities dime. They even have their companies build buildings in their name and get money back that way

There are reasons they pay little taxes, they give heavily to their own foundation or charity.

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Highlight:

Trump eyes cap on charitable deductions [View all] mahatmakanejeeves Apr 2017 OP

How about eliminating deductions for private planes? BumRushDaShow Apr 2017 #1

I must have overlooked that line. NT mahatmakanejeeves Apr 2017 #3

damn, now i'm gonna have to amend my return! unblock Apr 2017 #5

No problem. Just file a 1040X. Here: mahatmakanejeeves Apr 2017 #6

But the top rates will still be reduced n/t hibbing Apr 2017 #2

You know why he's fine with this? alwaysinflux Apr 2017 #4

OMG if this keeps up... Zoonart Apr 2017 #7

Population Control. All dictatorships do it. haele Apr 2017 #13

He is most definitely try to push us into poverty. DK504 Apr 2017 #19

If it's GOoP'er, it's a dystopia. roamer65 Apr 2017 #23

Show us the tax returns dalton99a Apr 2017 #8

Typical Trump - all hate and no caring. lark Apr 2017 #9

how about limiting the deductions for giving to churches? mopinko Apr 2017 #10

Not that religious people aren't generous, but OldHippieChick Apr 2017 #20

Do These People RobinA Apr 2017 #11

"What would a dick do?" xxqqqzme Apr 2017 #15

But but then HOW would the KOCH bros get their names on buildings all over? n2doc Apr 2017 #12

The Religious Right will leave the GOP in droves if he does that jmowreader Apr 2017 #14

Might be a very good idea. LiberalArkie Apr 2017 #16

Charitable contributions already are limited in a couple of ways onenote Apr 2017 #17

Thanks for the clarification. As I said in reply #6, I am not an accountant; I just mahatmakanejeeves Apr 2017 #18

I thought the whole point of cutting social programs and lowering taxes was smirkymonkey Apr 2017 #21

They want all of the do-gooder organizations to either Ilsa Apr 2017 #22

REC. riversedge Apr 2017 #24

What does Donald care? He doesn't give one cent to charity. briv1016 Apr 2017 #25