ELI5 why someone would want to donate to charity JUST to lower their tax liability?
ELI5 why someone would want to donate to charity JUST to lower their tax liability? This has always confused me and I'm wondering if I just got it wrong. I've seen a lot of talk about charitable contributions lowering your tax liability. I just read an article saying something along the lines of "a change in the law that raises taxes for income over a million dollars may result in increased charitable contributions to try and l...