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0 pointsmercutio23y ago0 comments

Huh? My marginal tax rate is ~45%. I get way more than a 20% benefit from 501c3 donations.

I get to avoid capital gains on the donation of appreciated assets on top of that.

For whom is the benefit only 20%?

0 comments

ars3y ago

Long term capital gains tax is 15%. The vast majority of these are against capital gains, not income.

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0 pointsmercutio23y ago0 comments

Huh? My marginal tax rate is ~45%. I get way more than a 20% benefit from 501c3 donations.

I get to avoid capital gains on the donation of appreciated assets on top of that.

For whom is the benefit only 20%?

ars3y ago

Long term capital gains tax is 15%. The vast majority of these are against capital gains, not income.

j / k navigate · click thread line to collapse