[rescue] Computerfests (was: first real server hardware)
mcguire at neurotica.com
Sun Apr 18 11:31:33 CDT 2004
On Apr 18, 2004, at 12:26 PM, Mike Hebel wrote:
>>>> My theory is that you should have 0 deductions. You basically get
>>>> taxed at some formulaic rate based on position (company or
>>>> and income or profit with additions for monopolies.
>>>> No saving money... no sheltering yourself... prepare to meet the
>>>> percentage TAX Cluebat.
>>> Wow, goodbye charitable contributions. Your method will
>>> drop the budgets of organizations that do a lot of work helping
>> Well, if the only reason they're doing it is for the tax break...
> And a good portion of those organizations fritter the donation money
> away in administration fees.
> I can't recall the site at the moment but there's one that rates how
> much money actually gets to the end person/cause.
Yep. Lots of "charities" are grossly mismanaged...I've seen a bit of
that from the inside. I've met a low-level secretary/filing person who
was making close to $70K/yr because they had to do *something* with
the money to keep their tax-exempt status. Why they just couldn't give
it to disease research I don't know...that's what they were given the
money for in the first place.
Dave McGuire "PC users only know two 'solutions'...
Cape Coral, FL reboot and upgrade." -Jonathan Patschke
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