News for hackers. Stuff that matters.

A comment on Carnegie Mellon, University of Pittsburgh end use of legacy status in admissions. Parent comment

Re:Carnegie Mellon, University of Pittsburgh end use of lega... by lotsofpulp on Wednesday July 19, 2023 @12:38PM (#36789234)
Then your $1B is provably not a donation, and hence subject to taxes.
[ Parent | on HN ]
Re:Carnegie Mellon, University of Pittsburgh end use of lega... by lazyasciiart on Wednesday July 19, 2023 @01:26PM (#36790040)
It’s already not a donation if it is tied to a benefit to a specific person in your family.
[ Parent | on HN ]
Re:Carnegie Mellon, University of Pittsburgh end use of lega... by lotsofpulp on Wednesday July 19, 2023 @01:29PM (#36790084)
The “provably” in my comment is meant to indicate that people would actually be afraid of falsely claiming donations which are really payments to increase m chances of their kids’ admission, since they could be proven guilty of tax evasion.
[ Parent | on HN ]