Don’t Let Hillary (or Rudy or Barack or …) Steal Your Donors
Political fundraising will be pervasive this year. Remind donors where their dollars do the most good.
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Trent Stamp
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■ Campaign deductions aren’t tax-deductible. Federal law recognizes a basic principle of economics in its support of charities. Charities provide a public good, and it therefore is in the interest of our society to support them. Accordingly, all donations from people who itemize on their taxes can be deducted. Donations to candidates, however, are not tax-deductible. Supporting a candidate is no different than buying a bottle of wine, except one can predict more readily the results of consuming wine.
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Trent Stamp
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