How is it possible to give to charity “for the tax write offs”? I see that you don’t pay 30~40% tax on the amount you donated, but you no longer have 100% of the amount so surely you’re worse off.
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You are correct that you still end up with less overall, but it doesn’t feel quite so bad if your charity gets $1000 and the net effect to you is -$700 because you reduce your taxes by $300.
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