Viewing 13 posts - 1 through 13 (of 13 total)
  • Banksy's heart ballon
  • iolo
    Free Member

    I know it’s for a really good cause but I just wish it would have been some other wealthy person instead of that sanctimonious pillock who bought it to make him look like he was saving the world.

    Jamie
    Free Member

    People really love a good moan.

    iolo
    Free Member

    Ain’t that the truth

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    wrightyson
    Free Member

    And to add your pain gwyny probably paid him fully back for his good deed when they got home 🙄

    wwaswas
    Full Member

    and as it’s in America 100% of the amount that goes to charity can be taken straight off any tax that the donor owes.

    so it doesn’t really cost them any of their own money, just reduces their tax bill by the amount spent.

    mikewsmith
    Free Member

    I’d rather a good old fashioned dictator or banker had got it.

    JEngledow
    Free Member

    ‘…an original on wood that sold at Sean Penn’s Help Haiti Home Gala in Beverly Hills. Bought by Chris Martin from Coldplay….’

    Now that’s an event I’m glad I missed!

    MSP
    Full Member

    and as it’s in America 100% of the amount that goes to charity can be taken straight off any tax that the donor owes.

    That can’t be right, it can only be taxable income that is reduced by the amount given to charity.

    wwaswas
    Full Member

    just checked and you’re right, it’s a taken off gross earnings, not tax.

    iolo
    Free Member

    But surely he has an asset from the purchase of this picture and as such it was not a donation to charity.
    It will be the Sean Penn Help Haiti gala that gives the money.
    Or am I wrong?

    maccruiskeen
    Full Member

    But surely he has an asset from the purchase of this picture and as such it was not a donation to charity.

    Its not the buyer who is making the donation its the seller – in this case its Banksy that has made the donation and the charity has swapped that donated asset for cash. Purchasing an artwork can still be tax deductible though.

    CountZero
    Full Member

    mikewsmith – Member
    I’d rather a good old fashioned dictator or banker had got it.

    Deary, deary me 🙄

    mikewsmith
    Free Member

    sorry CZ forgot my irony smiley !!!! 😉 😆 !!!

Viewing 13 posts - 1 through 13 (of 13 total)

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