Millionaires Flee Their Homelands as Tensions Rise and Taxes Bite

Re:Millionaires Flee Their Homelands as Tensions Rise and Ta... by sdoering on Thursday May 02, 2019 @12:34AM (#19804770)

Well if you donate money it should, in a perfect world, be only tax deductible if it is for an effort society seems of special value so that incentives are implemented to support this.

So tax deductible donations show what is important for a society at large. And society profits.

Leaving a country to evade taxes doesn't help society at large. People do this after they profit of the infrastructure and all other stuff society provided and paid for with taxes.

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Re:Millionaires Flee Their Homelands as Tensions Rise and Ta... by seibelj on Thursday May 02, 2019 @12:52AM (#19804849)

But nonprofits encompass a huge variety of organizations, some promoting guns (the National Rifle Association[0]) and others paying for abortions[1]. Wouldn't it be better to force everyone to pay their taxes owed, then if they are truly altruistic, donate whatever extra they want?

I really don't see how tax deductions for donations aren't glorified tax evasion strategies.

[0] https://www.snopes.com/fact-check/nra-tax-exempt-non-profit/

[1] https://abortionfunds.org/

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