General Discussion

DetlefK

(16,423 posts) Fri Apr 3, 2015, 02:20 PM Apr 2015

Pssst, wanna scam homo-haters for a quick $500k?

http://gawker.com/bigoted-pizzeria-owners-go-into-hiding-with-500-000-in-1695481600

You sure as hell heard of it: The pizza-store in Indiana that said "We ain't gonna serve no gay weddings here."

The store received a barrage of ridicule and negative response and got into financial trouble. Meanwhile, the owners set up a GoFundMe-page and got $500k in donations from various conservative donors supporting their stance.

The store is closed. The owners and the money have gone into hiding...

10 replies

= new reply since forum marked as read

Highlight:

Pssst, wanna scam homo-haters for a quick $500k? (Original Post) DetlefK Apr 2015 OP

Seeing that the owner has to pay taxes on $460,000 Ageless Democrat Apr 2015 #1

If they get it in cash sharp_stick Apr 2015 #2

I think GoFundMe transfers the funds to the bank account Ageless Democrat Apr 2015 #4

Simple, Be the first to turn them into the IRS, & you get a part of the recovery of taxes. bobalew Apr 2015 #5

Why would the donations not be considered gifts? dumbcat Apr 2015 #10

Grifters. They are the Palins of Pizza. Cooley Hurd Apr 2015 #3

DUzy! hifiguy Apr 2015 #8

Another thread says Glen Beck started the fund page for them Hoppy Apr 2015 #6

I smell Koch. GeorgeGist Apr 2015 #7

The page was started by a radio show. If they give the pizza people all the money they still have TeamPooka Apr 2015 #9

Ageless Democrat

(80 posts)

1. Seeing that the owner has to pay taxes on $460,000

Reply to DetlefK (Original post)

Fri Apr 3, 2015, 02:21 PM

Apr 2015

and IRS will be chasing after him.

It's not considered "gift" and should not be considered as a gift.

sharp_stick

(14,400 posts)

2. If they get it in cash

Reply to Ageless Democrat (Reply #1)

Fri Apr 3, 2015, 02:23 PM

Apr 2015

the taxes won't be a problem, as long as they aren't too stupid to actually declare it.

Ageless Democrat

(80 posts)

4. I think GoFundMe transfers the funds to the bank account

Reply to sharp_stick (Reply #2)

Fri Apr 3, 2015, 02:27 PM

Apr 2015

so it is still taxable. Not cash.

bobalew

(322 posts)

5. Simple, Be the first to turn them into the IRS, & you get a part of the recovery of taxes.

Reply to Ageless Democrat (Reply #1)

Fri Apr 3, 2015, 02:28 PM

Apr 2015

Perfect comeuppance for them. Ignorance is free, but the consequences thereof are not.

dumbcat

(2,120 posts)

10. Why would the donations not be considered gifts?

Reply to Ageless Democrat (Reply #1)

Fri Apr 3, 2015, 04:01 PM

Apr 2015

They are certainly not deductible contributions that the donors can deduct, but why wouldn't they be considered gifts to the recipient? Why would they be taxable?

Not defending anyone or anything, just a question about the tax code.

Cooley Hurd

(26,877 posts)

3. Grifters. They are the Palins of Pizza.

Reply to DetlefK (Original post)

Fri Apr 3, 2015, 02:24 PM

Apr 2015

hifiguy

(33,688 posts)

8. DUzy!

Reply to Cooley Hurd (Reply #3)

Fri Apr 3, 2015, 03:52 PM

Apr 2015

So very true!!

Hoppy

(3,595 posts)

6. Another thread says Glen Beck started the fund page for them

Reply to DetlefK (Original post)

Fri Apr 3, 2015, 02:30 PM

Apr 2015

GeorgeGist

(25,323 posts)

7. I smell Koch.

Reply to DetlefK (Original post)

Fri Apr 3, 2015, 03:44 PM

Apr 2015

TeamPooka

(24,254 posts)

9. The page was started by a radio show. If they give the pizza people all the money they still have

Reply to DetlefK (Original post)

Fri Apr 3, 2015, 03:56 PM

Apr 2015

a tax liability.
People have given a radio show host 750,000 dollars, not the pizza place so that's how stupid and hateful the donors are
There's some serious money to be made off their hate.

Reply to this discussion