this post was submitted on 17 Nov 2024
1003 points (94.1% liked)

Comic Strips

12944 readers
4159 users here now

Comic Strips is a community for those who love comic stories.

The rules are simple:

Web of links

founded 2 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[โ€“] [email protected] 26 points 1 month ago (1 children)

They do get a whole lot of advertising, social capital, and influnce over which causes get proped up, on the back of donating customers, while you're out a few bucks that you could have pooled for a single charity and gotten a tax receipt of your own for.

[โ€“] spongebue 4 points 1 month ago

They do get a whole lot of advertising, social capital, and influnce over which causes get proped up, on the back of donating customers

Sure, but that's not a tax write-off as originally said. Stick to the things that are actually things.

while you're out a few bucks that you could have pooled for a single charity and gotten a tax receipt of your own for

If your donations for the year exceed the standard deduction (hint: the standard deduction is about $15k. Most people take that instead of itemizing). Doesn't have to be one single donation, and if your receipt shows the donation (it should) and it's for a legitimate charity I don't see why you couldn't use that to deduct that donation if you itemize.