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Re: Another View (Was Review of AMNH Lost World Exhibit)
In a message dated 97-08-09 20:14:38 EDT, Judy Molnar writes:
<< In fact, a few corporate sponsors start out as just donors to get the tax
break >>
Actually, this is never true unless the sponsor doesn't understand the tax
system; the maximum rate of taxation in any state in the US is a bit over
40%; thus, for a 40 cent tax savings, a donor must spend a whole buck,
resulting in a 60 cent cost. So there MUST be some other, additional
motivation behind it - presumably, a decent sense of what is right.
Charitible contributions never make sense on the basis of their tax
deductibilty alone. So give any contributor some credit...
Wayne.