Obamacare-hatin' Sheriff Richard Mack has already clarified that he is not looking for charity, and also, thank you for all the charity , please send more charity. Now, Sheriff Mack's supporters have reached down, grabbed the Sheriff's bootstraps, and announced that they want DOUBLE the amount of other people's money they originally said they wanted.
I've seen opinions that lean toward "No, each donation is a 'personal gift' and as such, is not taxable".
Who pays the gift tax?The donor is generally responsible for paying the gift tax. Under special arrangements the donee may agree to pay the tax instead. Please visit with your tax professional if you are considering this type of arrangement.What is considered a gift?Any transfer to an individual, either directly or indirectly, where full consideration (measured in money or money's worth) is not received in return.What can be excluded from gifts?The general rule is that any gift is a taxable gift. However, there are many exceptions to this rule. Generally, the following gifts are not taxable gifts.1. Gifts that are not more than the annual exclusion for the calendar year.2. Tuition or medical expenses you pay for someone (the educational and medical exclusions).(etc.)
What I want to know is what is the difference between a few thousand people giving this dude $60K (or whatever he wound up getting) and a few million people sharing a very small portion of their income to help those that can't work due to a disability, those that are ill, a lack of available jobs that pay above poverty wages, etc called public assistance. I guess you could call it "charity" but hey, its what we do here in America. We take care of our own. Or at least we used to until the "I got mine and piss on the rest of you" folks took over.
Wonketts comments section used to really suck. Now that people are actually trying to make serious points: it really, really sucks balls! Ban the Comment section (again)!
Stuck at $43,999...
I've seen opinions that lean toward "No, each donation is a 'personal gift' and as such, is not taxable".
Who pays the gift tax?The donor is generally responsible for paying the gift tax. Under special arrangements the donee may agree to pay the tax instead. Please visit with your tax professional if you are considering this type of arrangement.What is considered a gift?Any transfer to an individual, either directly or indirectly, where full consideration (measured in money or money's worth) is not received in return.What can be excluded from gifts?The general rule is that any gift is a taxable gift. However, there are many exceptions to this rule. Generally, the following gifts are not taxable gifts.1. Gifts that are not more than the annual exclusion for the calendar year.2. Tuition or medical expenses you pay for someone (the educational and medical exclusions).(etc.)
What I want to know is what is the difference between a few thousand people giving this dude $60K (or whatever he wound up getting) and a few million people sharing a very small portion of their income to help those that can't work due to a disability, those that are ill, a lack of available jobs that pay above poverty wages, etc called public assistance. I guess you could call it "charity" but hey, its what we do here in America. We take care of our own. Or at least we used to until the "I got mine and piss on the rest of you" folks took over.
Me either. Answering hate with hate is NEVER the answer!
I tried praying for him but it would seem he has a DOS notice up against him Up There.
McCain/Mack '16 - because it almost worked last time.
I vote that we don't subscribe to his Web channel.
Many prayers and good vibes to you to beat teh cancer, darlin'!
Wonketts comments section used to really suck. Now that people are actually trying to make serious points: it really, really sucks balls! Ban the Comment section (again)!
This is an example of those "welfare queens" driving around in their Cadillacs, right?
I'm wondering if its worth $5 to tell him he's a parasite.
..
This LIFETIME SOCIALIST now SOCIALIST/MOOCHER should post his medical bills.
If he needs the money, justify it. If he posts false records, perhaps he can get nailed for fraud.
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I guess there really is something to a moocher going to the well and wanting to return again and again.
I still suspect more than a little that he's actually got insurance and doesn't need the dough at all for medical reasons.
feh
Now roll over and play...uh...uh...deceased. That'll get you another tidbit of puppy chow.
You haven't prayed for your healing by gawd? Oh ye of little faith.
The naivety and stupidity of conservatives can NEVER be overstated