Comments on: Three Things You Should Know About Political Donations

By: Kevin (ReturnToManliness)

Kevin (ReturnToManliness) — Wed, 25 Jun 2008 07:52:34 +0000

As a business owner, it is very difficult to give money to any one candidate. Once you do it, as g mentioned, they all have their hand out and NOT giving to all of them causes a HUGE concern later down the road. It has always been a point of contention between my partners and me, but we either agree to give to all or to none in any given particular election cycle. Good tips on the tax implications, though.

By: g

Tue, 24 Jun 2008 17:14:00 +0000

Don’t do it!!! Your name/info will be put on so many lists for likeminded politicians/groups – and they all have there hand out…. I donated to McCain’s 2000 primary and I still get all kinds of requests from many GOP groups, even though I have requested that my name/info be removed from the list. The most annoying part is that I’m a Democrat: How do I explain to people that I get GW junk in the mail/email????

By: TSW

TSW — Tue, 24 Jun 2008 16:35:26 +0000

I don’t know how common this is, but I recently learned that in Ohio, political donations to candidates for state or local offices are deductible from state income taxes. Fairly specific, but if you’re looking for a tax break, it’s worth checking your particular state.

By: nickel

nickel — Mon, 23 Jun 2008 21:10:24 +0000

Frigid Finance: Duly noted (and corrected). Thanks!

By: "Mo" Money

"Mo" Money — Mon, 23 Jun 2008 20:01:01 +0000

I have never and probably won’t ever donated money to a candidate. Where do they get all that money, is it from large corporations?

By: Ron@TheWisdomJournal

Ron@TheWisdomJournal — Mon, 23 Jun 2008 19:22:35 +0000

I give politicians enough money as it is. This year, in particular, there isn’t one that I would even offer a ham sandwich.

By: FrigidFinance

FrigidFinance — Mon, 23 Jun 2008 16:37:57 +0000

I would Like to note that Donations to the NRA are *NOT* tax deductible. They are not a non-profit corp and don’t claim to be.