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A_Damn_Millenial t1_iudiply wrote

Reply to comment by philaiv in Patagonia Opens Largest Store in Fells Point by sellwinerugs

You’re right. He and his family control the organizations he “gave it away” to.

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philaiv t1_iudkr16 wrote

My point was that you don't understand tax law. 501c4s are NOT tax deductible.

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A_Damn_Millenial t1_iudqf0v wrote

Also correct. Didn’t I say they paid 17 million in taxes? 17 million is only 1.41% of the 1.2 billion that should’ve been paid when transferring a company to family. Why is that so hard to understand?

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