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Re:Is the new Zuckerberg fake charity an estate tax avoidanc...
by aninhumer on Friday December 04, 2015 @12:05AM
(#10674766)
But the money still goes to charity. Essentially person A is just indirectly donating to their pet charity using political capital. As long as the charity is legit, I don't see the problem.
Re:Is the new Zuckerberg fake charity an estate tax avoidanc...
by hsitz on Friday December 04, 2015 @01:45AM
(#10675041)
Right, there is no problem, this is not controversial. The linked article that started this thread is suggesting that somehow Zuckerberg plans to get this tax-advantaged treatment by making gifts to an organization that is not actually charitable. That would be a problem, but I would suggest that the linked article is mistaken in saying that this is what Zuckerberg is doing.
Also, notice that you're not somehow "getting something back" from other taxpayers in this scenario. You're just lowering your tax bill.