100% of your donation is tax deductible, that’s exactly what it fucking means, you get what you paid in taxes back on 100% of your donation!
It reduces your taxable income, it means your taxes are calculated based on your income minus that amount, nowhere does any of your links say you get the equivalent of your donation back.
How come they get 38m back if they gave 130m worth to charity? Hmmm it’s as if… You only get back the taxes applicable to the amount!
100% of your donation is tax deductible, that’s exactly what it fucking means, you get what you paid in taxes back on 100% of your donation!
It reduces your taxable income, it means your taxes are calculated based on your income minus that amount, nowhere does any of your links say you get the equivalent of your donation back.
How come they get 38m back if they gave 130m worth to charity? Hmmm it’s as if… You only get back the taxes applicable to the amount!
Fucking hell man.