[StavrosK]

I don't understand this mentality. Costs are always tax-deductible, it's not as if this is some added perk. Same with donations, "ooh, donations are tax-deductible!" Yeah, so is an advertising campaign, you're not doing me a favor here.

[s_baby]

If you've already decided you're going to be charitable you can be much more generous because of the deduction.

With that said Georgia Aquarium keeps killing their beluga whales.

[StavrosK]

> If you've already decided you're going to be charitable you can be much more generous because of the deduction.

Can you explain that a bit? If I'm going to spend $1000 on ads, I can write them off as an expense, and save $X off taxes. If I decide to spend it on charity, will I save more than $X on taxes?

[Turing_Machine]

Charity gets you goodwill and free distribution of your message.

Advertising just annoys people -- to the extent that they will install software designed to block it.

Note that a) UPS didn't have to pay a additional dime for this article, or hundreds of others (google "UPS shipping beluga") and b) most of us are reading it voluntarily.

Which do you think is the better deal? Between this article and an intrusive popup ad jumping in your face, which do you think makes people think more positively toward UPS?

Without the deduction for charitable contributions, that wouldn't be an option.

[StavrosK]

This is irrelevant. I'm asking why "tax deductible" is touted as a benefit of charity, when costs are already tax deductible.

[derekja]

Costs are subtracted from income to get net income, by contrast charitable deductions are subtracted directly from the tax owing.

[ceejayoz]

To my knowledge, this is not true in the US at least. Folks would just donate whatever they owe in taxes to their church or favorite charity if it directly reduced owed taxes.

If I donate $1k, it reduces my taxable income by $1k, saving me ~$300ish.

[dragonwriter]

No, charitable donations are deductions, which mean they are deducted from income. What is deducted directly from tax liability is credits, but charitable donations don't give 1:1 credits.

[StavrosK]

Oh, really? Does that mean that, if you owe $1000 in tax, you can give it to a charity of your choice, rather than the government? That sounds like a pretty big advantage.

[Turing_Machine]

Without special legislation, charitable donations are not "costs", as they are not required for normal operation of a business.

I'm not sure why you have difficulty understanding this.

[StavrosK]

I'm not sure why you think "I have difficulty understanding" it when you're the first person saying it.