| Title | : | How rich people use charity and art to save money! #donations #art #money #rich #savings |
| Lasting | : | 1.00 |
| Date of publication | : | |
| Views | : | 85 rb |
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Seems unethical but smart Comment from : @donharris8846 |
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And this is how you launder money - the 1000 dollars just has to be dirty Comment from : @angela-thebooknerdess2110 |
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They also use charity as a limbo for their money… like DAF (donor-advised fund) - they get tax deductions on the money they said their gonna “donate” even though they haven’t chosen a donor So they still possess the money… brbrAnd they can change their minds 😂 Comment from : @jemenri795 |
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Part of the reason inflation exists this as well as properties costs and how the government prints of money like its nothing Comment from : @dallasrochon9164 |
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Thsnk you gor this Information It is fraud Comment from : @cc-by8uk |
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Crazy like a fox con! Comment from : @deborahpollitt7533 |
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Completely criminal Comment from : @entpslefthand2611 |
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This is the legal form of laundering Comment from : @lauriepayseur5897 |
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How do I get Upper East Side rich moms to buy my art 😢 Comment from : @KelseyIsARose |
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This is the kind of insider info I’m here for 😃 Comment from : @johnsagewilson |
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Can you do this with stocks or Bitcoin that went up in value to get the charitable contribution of the current value without paying tax for the gain? Comment from : @Ace-bi1lu |
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So Art is a scam Comment from : @josieshoxx |
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I want to ask, are those NFT people shit out of luck? 😅 Comment from : @BROKEAZGAMER |
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Congress should just ban artwork as a tax write off item Comment from : @hspatel1799 |
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damn, how scummy of them Comment from : @aiki2803 |
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Let’s be accurate, they donate to be recognized as “philanthropic“ Comment from : @00calimon |
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This says far more about the stupidity of the art world than it does about rich people Also, over half your viewer base clearly thinks a “tax write off” actually makes money as oppose to limiting how much money you lose… Comment from : @lukycharms9970 |
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I love u Vivian thank you Comment from : @relaxingpeacefulsounds3239 |
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Oh snap! Insider secrets revealed Comment from : @hra2290 |
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Omg😂😂 Comment from : @simonewright1120 |
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Sounds like money laundering with extra steps Comment from : @lazer2521 |
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Money laundering 101 Comment from : @WallBreakerOfficial |
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And launder their reputation, if you screw up Comment from : @FallstarFL |
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I need friends who will buy my art ❤ Comment from : @After40Art |
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😏 Comment from : @luciasss457 |
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I wanted to get into the world of art, work in a gallery part time and learn the business Maybe paint because I enjoyed it and sell one day Parents said "but you can't make money that way" Boy oh boy oh boy Follow your dreams kids Comment from : @flyhunnies8922 |
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Call it what it is Tax evasion and money laundering Comment from : @kpepperl319 |
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In the movie "Trading Places", the poor guy broke a vase, but the rich owner just laughed because the insurance would cover the APPRAISED cost of the vase, instead of the purchase price Comment from : @sheilayoung9082 |
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Not entirely true this one The appraiser has to show similar works of art were valued and sold at the similar price Plus when donating the painting, the appraiser must sign off on it What is the likelihood that an appraiser will jeopardize their career to help their friends save on taxes? Comment from : @parthamis |
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So the art world is basically a money laundering scheme for the wealthy Cool Comment from : @Mel-vb5pj |
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I always wondered what all the hype was about lol Comment from : @rozam2864 |
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Or… Thats also how they laundered their money 😏 AND gets a tax write off 😘 Comment from : @bpo4736 |
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thanks Vivian ✨😘 Comment from : @sinaapfelsine |
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who decided the art piece is now 10K? The appraisal "friend"? So art is just one big scam for the rich? Yikes Comment from : @Ray03595 |
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Wouldn't they have to pay tax on capital gain? Comment from : @loremipsum7ac |
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Jay z said this and I felt I was let in on a secret lmaooo Comment from : @aiyanasafe |
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LET ME NOTE THIS DOWN ✍️ Comment from : @BizarreAvenir |
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So rich people play by their own rules Comment from : @sergior8992 |
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This just reminds me how much I hate capitalism Like, how hard is it for the top 1 to just share their wealth so none of us have to suffer? Given that they'd have to give up on their precious cocktail parties it must be too big of a sacrifice Comment from : @MyAliasAndNoOneElses |
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This is why artist can never be happy Comment from : @Boorosan |
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I love a women with a brain that works God is so good 😊 Comment from : @kingizzy2746 |
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Rich people really know how to stay rich Comment from : @chrispythebot |
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Bonus points for money laundering and NFTs Comment from : @bruceh4180 |
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we really need to get rid of the charitable deductionbrbrmany of the modern world have done away with it and thier charity contributions never went down if anything some went up Comment from : @jacksonmartin7864 |
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If its auctioned for cash do they get credit as a cash donation or an itemized donation at 15? Comment from : @lemoncholyme |
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That’s what hunter biden was doing with his art work Comment from : @RG-wy1ol |
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Why does art have to be like this I wish it was about the love of art and not the love of money Comment from : @artvulture456 |
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Is this why the elites buy and sell their ped* art for $50-100K? 🧐 Comment from : @hautemama85 |
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I always thought there was something nefarious going on, nice to see that hunch was correct 😂 Comment from : @littleesecretss |
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Can you say H^NTER B!DEN Comment from : @edwynnkelley136 |
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Please please fix the Scratchy microphone!!!! Comment from : @FunStuffBuddy |
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First! Comment from : @liozun4906 |
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