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Old 04-06-2009, 01:53 AM
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Tyburn Tyburn is offline
Angry @ Injustice!
 
Join Date: Jan 2009
Location: England
Posts: 17,001
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Quote:
Originally Posted by NateR
No, if you donate $100 a month to a charity (religious or secular), then that would add up to $1200 over the course of the year. Meaning that, when they add up your wages at the end of the year and determine how much tax you owe on those wages, they will subtract $1200 from the taxes that you owe. So, if you owed $3000 in taxes that year, then you would only owe $1800. Hence, a "tax deduction."
seriously

I've never heard anything like it before in my entire life.
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