• snooggums@midwest.social
    link
    fedilink
    English
    arrow-up
    5
    ·
    edit-2
    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.