Yes, but the donation is not coming from their income. They give 100 bucks away they did not earn and therefore were not actually taxed on. But those 100 bucks are still reducing their income. So, taking your numbers, they pay 30 bucks less without any loss on their actual income.
Yes, but the donation is not coming from their income. They give 100 bucks away they did not earn and therefore were not actually taxed on. But those 100 bucks are still reducing their income. So, taking your numbers, they pay 30 bucks less without any loss on their actual income.
Not really. What they get is free publicity and goodwill.