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View Diary: I am Tired of the Taxpayers Paying For Food For Rich People (229 comments)

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  •  Is the only reason rich people donate huge (0+ / 0-)

    amounts of money to lavish charity dinners the tax deduction they get?

    I don't know.

    But, personally, I believe they do it in order to show off their wealth, hob-nob with their peers, and act like important people.

    Charity auctions, for example, draw people who far over-pay for items, intentionally, and I believe it is to show everyone else there that they've got that much money to burn, rather than for the tax deduction.  Their taxes are already pretty well managed through trusts and other "dodges" which serve only the rich and not the rest of us.

    Status is the main motivation of the rich, if you ask me. But Your Mileage May Vary...

    "The law is meant to be my servant and not my master, still less my torturer and my murderer." -- James Baldwin. July 11, 1966.

    by YucatanMan on Fri Sep 20, 2013 at 10:43:18 PM PDT

    [ Parent ]

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