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Overnight Video: Ibiza Lights II

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iossarian4/18/2012 10:46:25 am PDT

re: #437 sattv4u2

Tax write off

See how THAT works

NEXT!

Sigh. The tax write off (for most individuals) only reduces your taxable income. So your net income after the donation would still be less than if you had not donated, and paid the marginal rate of tax.