On Sat, Jan 20, 2007 at 01:19:47PM -0800, J.C. Roberts wrote: > On Saturday 20 January 2007 11:19, Darrin Chandler wrote: > > On Sat, Jan 20, 2007 at 11:01:36AM -0800, J.C. Roberts wrote: > > > As for the irony of accepting grants from non-profits while > > > refusing to create a non-profit for the project due to political > > > beliefs, well, you best not point out the inconsistency... > > > > There's no inconsistency there, really. Recieving a monetary gift > > doesn't change whether you get it from a non-profit or not, does it? > > As I previously said, there are two camps with opposing political views.
<snipped lots of stuff> I wasn't very clear. I meant there's little or no tax difference on the recieving end as an individual. If a non-profit chooses to give me a boatload of money, don't I pay taxes on it? There may have been tax exemptions along the way *before* it got to me, but once it's going into my account then the govt considers it taxable income. I may be wrong, having never been in a position to take cash from a non-profit. If I'm not wrong, then I don't see any conflict. -- Darrin Chandler | Phoenix BSD Users Group [EMAIL PROTECTED] | http://bsd.phoenix.az.us/ http://www.stilyagin.com/ |