Comments on: Banking On Christmas Dinner

By: boisecynic

boisecynic — Sat, 13 Dec 2008 14:04:37 +0000

Good point Serendipity. Same goes with mortgage interest.

By: Serendipity

Serendipity — Thu, 11 Dec 2008 16:33:31 +0000

One little caveat I’d like to plug into the season’s adverts for tax deductibility of donations to worthy causes is this: a lot of us, including yours truly, are not able to take tax deductions for anything (except the measly one ID allows to anyone for gifts to state educational institutions, maxed at $100).
Those of us who cannot itemize are NOT allowed tax deductibility for charity giving.

I still donate –but it really annoys me when the common understanding seems to be that donations are tax deductible. Yes, if you are rich enough!
Bah humbug.

By: Roberto

Roberto — Wed, 10 Dec 2008 22:27:59 +0000

Good on ya Mr. Guardian.

I’d just like to add…make sure your next door neighbors have something for Christmas too. If we all looked out for our next door neighbors, we’d all be better off.

Even folks in big fancy houses may be out of job, not making their mortgage payments, and will be down and out for the holidays. You never know how they are really doing unless you talk with them.