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Old March 29th 08, 05:28 AM posted to rec.radio.shortwave
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Default NPR News.National Pentagon Radio


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On Mar 28, 10:50 pm, "Burr" wrote:

It's a Tax Write Off dude. They "ain't" giving **** out of their pockets.


You are wrong, deductions are not a $1 for $1 reduction in tax
liability. It's in the 15% to 20% range of the amount that was given.
Not a good return on their "investment", so that isn't what they are
interested in.

Influencing programming is the return that their investment brings.
Not so much regarding what you see, rather it is more a matter of
insuring what you don't see stays that way.


I can understand the "don't see" part.

I'm not a tax person so I won't say more.

Burr


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Old March 29th 08, 06:06 AM posted to rec.radio.shortwave
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Default NPR News.National Pentagon Radio

On Mar 29, 12:28 am, "Burr" wrote:
I can understand the "don't see" part.

I'm not a tax person so I won't say more.

Burr


No shame in not understanding the tax part - few people do. Most
people hear the "it's a tax write off" and assume that if one donates
$100 to charity they may deduct $100 off their taxes. That isn't how
it works, you can deduct the $100 from your gross income, not your tax
liability. You do decrease your tax liability some but not to the
amount you gave away.

Of course when talking about corporations they likely aren't paying
any taxes to begin with so it is a moot question.

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