tag:blogger.com,1999:blog-24744976.post115348178217750798..comments2008-04-08T23:19:17.660-05:00Comments on Becoming & Staying Debt Free: Is Getting A Tax Deduction On Donations A Sin?Prince of Thrifthttp://www.blogger.com/profile/07863514672517538661noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-24744976.post-61830438089247918802008-04-08T23:19:00.000-05:002008-04-08T23:19:00.000-05:002008-04-08T23:19:00.000-05:00I like the last 3 comments if I was to offer rebut...I like the last 3 comments if I was to offer rebutal against Prince's beliefs about deducting charitable. The last 3 comments were right on. So even though I don't agree with Prince, I applaud him for making that connection with scripture and being consistent with it in his practice. The Bible does say, and I'm paraphrasing big time because I can't find the passage, that if you feel convicted that something is sinful, then to you it is a sin. I 'm thinking somewhere in Hebrews. <BR/><BR/>Although anonymous said, "we wouldn't be discussing saving a few bucks through charitable deductions." - I think deducting charitable donations is a great deduction in comparison to, let's say, your mortgage interest/taxes/insurance. After all, you are "giving" it away to someone who needs it, and giving is pleasing to God. And I think Dave Ramsey has explained several times, that its a better deduction mathematically. <BR/><BR/>My two cents!Jeremiah Warehttp://www.blogger.com/profile/10001549012430645232noreply@blogger.comtag:blogger.com,1999:blog-24744976.post-1154718725221743602006-08-04T14:12:00.000-05:002006-08-04T14:12:00.000-05:002006-08-04T14:12:00.000-05:00I think it is your moral right to claim the decuct...I think it is your moral right to claim the decuction for accoutablility, both yours and the howe of worship. judging from what bad accounting practice does to large corporation, it could happen in any institution.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-24744976.post-1153851967145137132006-07-25T13:26:00.000-05:002006-07-25T13:26:00.000-05:002006-07-25T13:26:00.000-05:00Pyroguy has hit the nail on the head! Caesar (our...Pyroguy has hit the nail on the head! Caesar (our govenment) is over-taxing us in the first place! If we didn't pay such a huge amount in taxes, we wouldn't be discussing saving a few bucks through charitable deductions. Plus variable tax brackets like 10% for low income group and 15% for a higher wager earner is unfair. It is unjust! And high taxes takes investing capital out of the ecomony which in turn stagnates growth. that is my take.<BR/>thanks. seanAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-24744976.post-1153829622822844452006-07-25T07:13:00.000-05:002006-07-25T07:13:00.000-05:002006-07-25T07:13:00.000-05:00That post is good for a couple thoughts...but I do...That post is good for a couple thoughts...but I don't remember the Bible saying anything about "Render unto Caesar more than which you owe..."pyroguyhttp://www.blogger.com/profile/01644080352775306413noreply@blogger.comtag:blogger.com,1999:blog-24744976.post-1153660310416696552006-07-23T08:11:00.000-05:002006-07-23T08:11:00.000-05:002006-07-23T08:11:00.000-05:00Kevin, I find your comments interesting and have t...Kevin, I find your comments interesting and have the following thought back. <BR/><BR/>1 - Never ignore self interest and it is in all our interest to have a society that has an incentive to perform sharing activities. So the acts while kind have a degree of self involved. <BR/><BR/>2 - Recovering my tax dollars is a great. Why not take advantage of anything to make that happen as the more independent I am the more secure. <BR/><BR/>3 - Also, as a person once employed in the business of the 'word' your entire organizational structure was tax exempt and I am sure the pastor laws for tax treatment applied. If any religious organization removed the tax exempt status of donation, what is the consequence? Less money and impact is my conclusion. <BR/><BR/>4 - The tax code is optional for itemized deductions. If a person has an issue for religous reasons on taking a deduction, they simply do not have to make that happen and donate without a receipt. It is the genious of the founding fathers that still applies. <BR/><BR/>Related to that concept is if you enforce a tax rule based on a religious conclusion, you have crossed the line on church and state intersection which is not the intent of the founding fathers. So taxation based on religious dogma is not within the bounds of the constitution. <BR/><BR/>Some thoughts..thanks for your post as it drives thinking. <BR/><BR/>KSKansas Simplicityhttp://www.blogger.com/profile/12521567699275390093noreply@blogger.comtag:blogger.com,1999:blog-24744976.post-1153659412592572572006-07-23T07:56:00.000-05:002006-07-23T07:56:00.000-05:002006-07-23T07:56:00.000-05:00i am not a christian, but i used to climb onto my ...i am not a christian, but i used to climb onto my high horse and think that i would not deduct my donations. but when i tripped the standard deductions, come 1040 time, sure i went ahead and itemized. on the other hand, i did not trumpet to others about how and where i donated, or how much.<BR/><BR/>having said that, i thought you would probably feel guilty if you were to tithe (a christian practice, right?), then went and claimed a portion of that back on your taxes. now you would effecively not be tithing, right? i would understand why that would make you guilty (though i would not as i am not a christian), and you can resolve that guilt by bumping up your donations so that your net donations (after deductions) equates to a tithe.<BR/><BR/>i hope this is not confusing...<BR/><BR/>- s.b.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-24744976.post-1153504562393277702006-07-21T12:56:00.000-05:002006-07-21T12:56:00.000-05:002006-07-21T12:56:00.000-05:00The passage you referenced is most likely addressi...The passage you referenced is most likely addressing ones motive in giving to charity. More specifically ones' motive of getting recognition from others eg("don't sound a trumpet"), or secret pride eg("don't let your left know about your right hand"), is what the author is teaching. Soooo in practice there is a danger in taking a deduction from charitable contributions. However, in my judgment a danger doesn't necessarily translate into a transgression. I could claim the deduction and not be prideful about it. To me it all depends on a person's motivation. I agree with the previous comment that none of us are expecting praise from the IRS or the IRS mainframe. that is my point of view. thanks. Sean again.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-24744976.post-1153492750739484932006-07-21T09:39:00.000-05:002006-07-21T09:39:00.000-05:002006-07-21T09:39:00.000-05:00I guess someone at the IRS might be interested in ...I guess someone at the IRS might be interested in some people's personal finances (celebrities, etc.), but don't you think that when a normal average person like you or I files our taxes that they are reviewed by a computer and no one person actually looks at them unless the computer flags something strange? If so, I don't know who we are bragging to? A mainframe computer? If a tree falls in a forest and noone is there to hear it, does it make a noise?Mikenoreply@blogger.comtag:blogger.com,1999:blog-24744976.post-1153486609815928432006-07-21T07:56:00.000-05:002006-07-21T07:56:00.000-05:002006-07-21T07:56:00.000-05:00ooh..that ones smarts. Now I feel guilty.ooh..that ones smarts. Now I feel guilty.Dhttp://www.blogger.com/profile/13253101883627114010noreply@blogger.com