You don't understand how write-offs work do you? If he donates "x", he doesn't get "x" off his taxes, he gets a percentage of "x" back, meaning he will still end up paying more between taxes and the donations than if he made no donations and just paid his taxes.
Not exactly true.
Say I made 25k. If I donated 5k, at tax time the government would only consider 20k of my income as taxable income. Immediately that puts me on a different classification for tax purposes and I’m eligible for a lot more than I otherwise would be.
Take PK for example. He didn’t donate 10m to charity, he started an organization that is trying to raise 10m. Pk is donating 1m.
So after the tax breaks, Pk is losing 400k. I don’t know if pk is doing it but I have heard of other players having their charities license the use of their name and or pay them for appearances. I’m assuming pk is not doing that but for pretend math, it’s not hard to see how a player gets the reputation for donating 10m but can actually be milking it for a profit. And that’s not even factoring him the good press which earns him sponsorships and jersey sales. Pk has built his brand up so well that his 400k loss was really just an investment in himself.
But yeah, sorry that had nothing to do with EK. I don’t like this at all, EK’s wife doesn’t come out looking good at all from this. Hoffman’s gf is claiming that EK’s wife excluded her from the events and gatherings of senators wives/gfs and turned everyone against her, this makes for bad optics on the whole situation.