[BC] Re: HD Receiver

Mark Humphrey mark3xy
Mon Feb 12 19:21:51 CST 2007


On 2/12/07, Glen Kippel <glen.kippel at gmail.com> wrote:
>--
> Not illegal at all.  Say, for instance, you donate some stock certificates
> to the charity of your choice.  You deduct their market value on your
> Schedule A.  Then the stock appreciates in value and the charity sells it.
> It's done all the time.  Ask your CPA is you don't believe me.
>
If the proceeds from the station sale stayed in a legitimate
non-profit ministry, then I don't see a big problem.  However, Pat
decided to sell the FM stations and most of his TV properties (like
Channel 25 in Boston, now owned by Rupert Murdoch & Co.) shortly
before he decided to campaign for President, so the deal seems a bit
suspicious, like many other of his business affairs.

How about those "weight loss shakes"?

Mark


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