I’m an American sick of being taxed by the dysfunctional US federal government and am looking for ways to reduce the amount paid as well as increase my contribution to society. I’m not looking to reduce state taxes.
How can I find out the amount I can donate to charities each year such that it reduces my federal taxes as much as possible for my income level?
I agree it is a bit reductionist but when people say ‘give money to charity because you can claim it off your taxes’ that is also reductionism.
Sure. I mean, it’s doing the right thing for the wrong reason, but you do reduce the taxes you pay by contributing to charities.