• Sabata@ani.social
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    4 days ago

    I just assumed it was a scam the moment I saw it. Just thought it was farming data for profit out in the open because everyone else dose that. They went above and beyond and made corpo malware.

            • k_rol@lemmy.ca
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              4 days ago

              True but they don’t make money with this, they still have to spend most of the money.

              From your link is a great example:

              To illustrate, suppose that the American Cancer Society is hosting a formal dance as a fund-raiser (the ACS is a certified charitable organization). Further suppose that the fair market value of a ticket to the dance is $75, and that the donor pays $375 to purchase a ticket. The donor may claim only a $300 deduction, because the amount contributed ($375) is reduced by the amount of the benefit that he received ($75, the fair market value of the ticket). This holds true even if the donor does not actually attend the dance.

              The taxable income of the donor is reduced by $300. If the donor’s income was in the 35% income tax bracket both before and after the deduction, the donor’s tax liability (amount of taxes owed to the government) is reduced by $105.