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The difference there is between non-profit and for-profit organizations. Joel Send a noteboard - 26/09/2012 04:09:00 AM
It is not that a portion of ALL income belongs to society; there are inevitable expenses to account for first, which we nominally recognize in things like Standard and Dependent Deductions. Many people live quite modestly despite quite large salaries, investments or other income, because they donate most of it to charity. It would be not only wrong but cruel to show up in April demanding 30% of their annual income after they gave away half of it.

In that regard, taxing a charitable organization or philanthropist isn't any different than taxing a private entity or non-philanthropist. If the latter are capable of financial management, then so are the former.

Charitable organizations ARE private entities; otherwise they would be entitled to RECEIVE tax money. While they obviously do not want to waste their limited finite resources, they are under no obligation to stay in the black (and frequently do not,) only to maximize the aid their resources enable.

However, you are kind of blurring the line between charitable DONORS and RECIPIENTS, and I believe the latter are the subject of this conversation.
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Taxes and Charity Burr - 23/09/2012 04:57:07 AM 1191 Views
Proof that Burr is ..... Anonymous2000 - 23/09/2012 05:05:37 AM 646 Views
Voting. Joel - 23/09/2012 06:43:12 AM 748 Views
Joel = Fool ; I vote every year, are you just saying random things now? *NM* Anonymous2000 - 25/09/2012 01:42:49 AM 259 Views
"I am proud to say that I didn't vote for anyone in 2004."-Anonymous2000 Joel - 25/09/2012 01:52:00 AM 834 Views
Do you have a reading comprehension problem? Anonymous2000 - 25/09/2012 02:54:28 AM 624 Views
"Anyone" means "anyone;" perhaps you have a writing comprehension problem. Joel - 25/09/2012 03:39:11 AM 634 Views
Joel = Moron Anonymous2000 - 25/09/2012 04:37:15 AM 662 Views
The statement was ambiguous, hence I was not the only one who read it as I did. Joel - 25/09/2012 05:19:46 AM 710 Views
You could leave out the insults, you know? ironclad - 25/09/2012 08:35:12 AM 730 Views
It is an old debate, and one with many edits. Joel - 23/09/2012 06:32:40 AM 854 Views
Re: Taxes and Charity Jragghen - 23/09/2012 07:47:16 AM 749 Views
I imagine much of Romney's charitable giving is to the Mormon Church. Tim - 23/09/2012 12:08:45 PM 698 Views
Almost all of my charitable giving goes to Mercy Corps aerocontrols - 23/09/2012 03:48:30 PM 665 Views
Let me see how I interpret this post... jh - 23/09/2012 04:56:20 PM 716 Views
huh? aerocontrols - 23/09/2012 06:49:52 PM 795 Views
I would argue that "our society" includes the rest of the world as well. *NM* Aeryn - 26/09/2012 03:24:02 PM 276 Views
Ok aerocontrols - 26/09/2012 07:36:35 PM 733 Views
Is the Mormon Church not part of society? But that issue is part of why I favor taxation. *NM* Burr - 23/09/2012 10:14:39 PM 261 Views
I'm part of society too. Does that mean I'm as worthy a recipient of money as the public purse? *NM* Tim - 23/09/2012 10:37:31 PM 309 Views
If you can get the IRS to certify you as a 501(c)(3), then yes. If not, no. *NM* Tom - 23/09/2012 11:07:13 PM 272 Views
To whatever extent that we should support charity beyond taxation, yes, you are, IMO. Burr - 24/09/2012 03:56:31 AM 630 Views
I agree with you snoopcester - 24/09/2012 11:25:14 AM 2049 Views
Charity in place of tax aerocontrols - 24/09/2012 12:05:03 PM 692 Views
I am very well aware of that. *NM* snoopcester - 24/09/2012 01:47:06 PM 261 Views
I DISagree with both of you. Joel - 25/09/2012 02:36:05 AM 1963 Views
Re: I DISagree with both of you. Burr - 25/09/2012 02:26:16 PM 934 Views
The difference there is between non-profit and for-profit organizations. Joel - 26/09/2012 04:09:00 AM 659 Views
At the risk of sounding like a fundamentalist... Tom - 23/09/2012 11:05:14 PM 689 Views
Local symphonies are usually charities aerocontrols - 23/09/2012 11:21:07 PM 671 Views
Yes - cultural and educational non-profits are usually tax-deductible. Tom - 24/09/2012 01:57:13 PM 630 Views
Re: Yes - cultural and educational non-profits are usually tax-deductible. aerocontrols - 24/09/2012 02:58:17 PM 754 Views
Very well said. *NM* Narg - 24/09/2012 06:12:23 PM 291 Views
will you count Scientology as a church? Aeryn - 26/09/2012 03:26:53 PM 681 Views
Unrelated business income is taxable under IRC 511. You know that. Tom - 27/09/2012 11:31:45 PM 663 Views
Let's look at this from a different point of view.... Jeordam - 24/09/2012 11:51:43 PM 612 Views
I covered that point of view in my response. Joel - 25/09/2012 03:31:38 AM 780 Views
I routinely do not read your posts (including this one)... Too long. Jeordam - 25/09/2012 04:12:24 PM 645 Views
Relating a typically long and tortuous experience with (private) bureaucracy was itself protracted. Joel - 26/09/2012 04:15:35 AM 609 Views
You need both. Aeryn - 26/09/2012 03:35:41 PM 728 Views
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