• snooggums@midwest.social
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    7 months ago

    They put their money into other people’s charities so it doesn’t look so obvious. Scratching each other’s backs.

    • iAmTheTot@kbin.social
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      7 months ago

      doesn’t look so obvious

      So what doesn’t look so obvious? You know that donations can be claimed on your taxes too, right?

      • snooggums@midwest.social
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        7 months ago

        They don’t get the same kind of social debts between each other when they donate to their own charities. You know, the back scratching thing that I mentioned.

        There is a lot more to it than just the charitable donation deduction. They are all getting a tax deduction for exchanging money with other wealthy people through their charities and the charities spend money on each other’s businesses.