October 31, 2011
Deductibility of Donations to Occupy Wall Street
- ABC News, Is Your Occupy Wall Street Donation Tax Deductible? Does It Matter?
- The Blaze, Donations To Occupy Wall Street Are Now ‘Tax Deductible’
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It is stunning to imagine that money spent to subsidize people who defecate in public parks could be tax deductible.
Posted by: Jake | Oct 31, 2011 1:52:35 PM
Alliance for Global Justice's expenses for FY2011 were just north of $1MM. The $200k disbursed to OWS is almost certainly more than an insubstantial amount of AGJ's activities; if OWS's activities aren't charitable, then AGJ's exemption is at risk.
Posted by: jpe | Oct 31, 2011 1:53:05 PM
I bet that Tim Geithner deducts his contribution.
Posted by: Woody | Oct 31, 2011 9:45:22 PM
I must begin by saying - you didn't fail, (yet), as a moderator. It had been an compelling argument between two view points that people required to hear. If only they'd additional time to consider us much deeper to their view points. Of course, great show. Thanks!
Posted by: Sarouel | Nov 1, 2011 6:35:48 AM
We are fortunate that the government is only subsidizing defecation at the level of "deduction"; the smell of "tax credit" for research on the green fertilizing technologies is in the air.
Posted by: MG | Nov 1, 2011 8:09:10 AM