>Date: Tue, 24 May 2005 04:24:14 +0000
>From: dfaulkner@... (cariboo1946)
>Subject: [MedPot-discuss] To: John "The Engineer" Turmel
John;
While this may be a tad off the mark, as far as the intent
of your group is concerned, I have a taxation question for
you, hopefully you can give me guidance. I am a designated
grower, for an MS patient, and I charge this person nothing,
like zero, nadda, totally complimentary, postage prepaid.
The reason I do this is that I can afford to do so, I love
growing things, be they vegetables or medicine, basically,
I'm just a nice guy.

My question is simple: How can I claim, as a tax deduction,
the value of the donated medicine to my med user? This
person is not a licensed charity, thus, imvho, I cannot
write this off as a "charitable" donation, this person is
not a registered political party, so I cannot write it off
as a "political" contribution. The price I want to charge
for my meds, as a tax deduction, is the same as Prairie
Plant products are being sold for, $5 a gram. My med user
has a license to use 5 grams a day, or a pound (roughly)
every 3 months. That would equate to $9,125 a year, if this
person were to buy Gov't products, not including shipping.

From your vast knowledge of banking, and I assume, taxes, is
there any way I can legally do this, write off the donated
meds, and ultimately have the Federal Gov't pay for this
person's meds? The tax level I'm now paying is in the 35%
bracket, which would equate to about $2,000 for me, to
offset my costs. Any help would be greatly appreciated.
Thanking you in advance; cariboo1946

JCT: Interesting problem. There was some kind of win in
Quebec about picking up the costs for pot and it's the only
way I think it could be done, by the patient to get money to
pay for his meds.

I think for the record it would be better for you to charge
your patient and then lend him the money to buy it from you
rather than give it free and try to collect for yourself.

At least the record will show what the patient paid for your
time and if he ever finds a way to collect to pay for his
meds, then he can pay his IOU off to you.

Other than the patient finding funding to settle his IOU,
your finding funding seems a long shot.


--
Abolitionist Slave Leader John C."The Banking Systems Engineer" Turmel
for UNILETS interest-free time-based currency in U.N. resolution C6
to Governments in the http://www.un.org/millennium/declaration.htm
http://www.cyberclass.net/turmel 519-753-0645 USENET: can.politics