Quote:
Originally Posted by vh_supra26
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These types of headlines aggravate me to no end. The buyer did not pay $2M for the car. He gave a $2M donation to a couple of charities, and in return got the car. He now gets a tax deduction of $2M - (list price of car), a lot of press and a lot of good will.
Mind you, I don't have an issue with the practice itself, it a great cause, just how its characterized. It's the "big money" equivalent of the "John Denver Collection CD & DVD" gift I would get for donating to my local PBS.