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A comment on Tech Billionaires Hack Their Taxes with a Philanthropic Loophole. Parent comment

Re:Tech Billionaires Hack Their Taxes with a Philanthropic L... by Woberto on Sunday August 05, 2018 @04:16PM (#17693299)
Maybe you should though. The people receiving the increased donations would probably support that - you did well and increased the value of your donation, so you can be rewarded for that.
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Re:Tech Billionaires Hack Their Taxes with a Philanthropic L... by darawk on Monday August 06, 2018 @01:39AM (#17695295)
The point of the donation is that you've given up control. If I give you 1 share of Facebook, it is now yours to hold or sell. So, you are responsible for any gains or losses on that asset from that point forward, which is why the value at the time of the donation is used.
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