Question
Maurice gave $20,000 to charity each year. He had $20,000 in stock that cost him $14,000 to buy. Assuming he is in the 23 percent
Maurice gave $20,000 to charity each year. He had $20,000 in stock that cost him $14,000 to
buy. Assuming he is in the 23 percent marginal tax bracket for capital gains, how much will
he save by donating the stock directly to charity?
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Financial Management for Public, Health and Not-for-Profit Organizations
Authors: Steven A. Finkler, Daniel L. Smith, Thad D. Calabrese, Robert M. Purtell
5th edition
1506326846, 9781506326863, 1506326862, 978-1506326849
