rfriedman Wrote:
Dec 25, 2012 7:56 AM
Before one makes decisions about the charitable deduction, it would be very interesting to see real numbers on which income levels can even avail themselves of that deduction. I rather doubt that any family with an adjusted gross income of less than $50K gets any benefit. And that number might be more like $100K. The sad thing is that 'charity' has become 'Big Business', with CEO's having bloated salaries and perks. Few givers have even the faintest knowledge about how their donations are being used. I subscribe to the biblical edicts about charity, give, but give with anonymity. Give to the needy. The charitable deduction is not anonymous, the government has no 'need to know'. Far too many major 'charities' put the 'needy' at the bot