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re: Kudos, sort of, to JBE and the leges

Posted on 8/2/18 at 11:40 am to
Posted by BBONDS25
Member since Mar 2008
48278 posts
Posted on 8/2/18 at 11:40 am to
You sure do love you some taxes.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37059 posts
Posted on 8/2/18 at 1:51 pm to
I would get in while the getting is good. The IRS is talking like the want to shut this "loophole" down. In order to take a charitable contribution, you can't receive anything of value except for de minimus stuff like love and good feelings. Getting a 9500 tax credit in exchange for the donation doesn't look like a donation if we are being honest.

Also, if this does take off, like it very well could, once JBE and his gang see the state income tax revenues fall off a cliff, you can bet they will put a stop to this with the quickness.

Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 8/2/18 at 9:26 pm to
quote:


Also, if this does take off, like it very well could, once JBE and his gang see the state income tax revenues fall off a cliff, you can bet they will put a stop to this with the quickness.


I agree 100%.

It is crazy BUT I am going to do it and go it quick for 2018.

Do you think the IRS would change this before the end of 2018??? I guess I should wait till late December to make the contribution.
This post was edited on 8/2/18 at 9:34 pm
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