MeBelle
MeBelle 4 Prez 2024
- Jul 16, 2011
- 21,101
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Isn't it time to get the money out of politics?
Would you support changes in the tax code disallowing all write-offs for political donations?
Would you support changes in the tax code making the acceptance of any political donations income and taxable?
Of course the devil is in the details of any such proposal, but in principle, shouldn't donations be called what in fact they truly are: BRIBES?
Political Contributions
You cannot deduct contributions made to a political candidate, a campaign committee, or a newsletter fund. Advertisements in convention bulletins and admissions to dinners or programs that benefit a political party or political candidate are not deductible.
Publication 529 (2010), Miscellaneous Deductions
Yeah....my $50 is a 'BRIBE' .....