CNN Money first reported this morning that Steve Jobs called the father of a teen who was slain over the weekend for his iPod.
The true beauty of his gesture is that YOU KNOW 100% it is from the heart. It won't be a tax write off.
Bill Gates & Paul Allen steal just as much or more from taxpayers in Washington than they give by way of incredibly large tax write offs.
A tax write off merely shifts the burden to those in the blue collar away from the white collar.
I'm sure Steve Jobs takes as many tax write offs as possible, but it is a good illustration of recent trends.
I have had my doubts about the Live 8 Concerts around the world. If the musicians and producers that are contributing to this concert to raise awareness for African Financial and Food Assistance truly care about it - they will give of their money freely and not claim any of the event expenses for travel, crew, or accomodation as a tax write off.
This is a very backhanded way for the wealthy to force the government (and the taxpayer) into donating to a certain cause. For, if one is receiving a tax credit and not paying in to the system - there has to be someone who is making up that revenue and is paying in to the system.
In the case of Paul Allen's generosity - taxes are significantly high in Washington state to offset the cost of a stadium he helped build. Bill Gates is sure to take write offs for the computers and copies of Windows given to Washington state school districts.
In the case of Live 8 musicians and producers - I wonder if they are helping to pay for the police patrol, city cleanup from the events, and not taking tax write offs?
Recent Apple homepage snapshot with no "sales or ad" links
Another example of a "non tax write off" effort made by Apple would be for the recent Tsunami Relief Effort. Apple changed the homepage of their website for 2 weeks to allow for a donation page. I don't see how this could have been much of a tax write off. However, it was also publicly announced that Bill Gates gave a lot of money to the effort. While a nice gesture - it would be interesting to know if he took a tax write off for his donation.