Monday, November 25, 2024

How to Save Thousands In 2024 Taxes - Twice!

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How to Save Thousands In 2024 Taxes - Twice!

Alexander Green, Chief Investment Strategist, The Oxford Club

Alexander Green

In Friday's column, I talked about a subject of paramount importance to investors everywhere: "How the World Really Works."

Several readers wrote to say that it should be required reading on every college campus in America.

I understand why...

On today's campuses, facts have been replaced with feelings.

Debate has been replaced by deplatforming.

Diversity of thought has been replaced by homogeneity of thought.

Persuasion has been replaced by public shaming.

Education has been replaced by indoctrination.

Many of our schools of higher learning are actively undermining the foundational principles that create peace, harmony, and prosperity.

Recent polls show that 59% of students are afraid to share perspectives that differ from their classmates, 61% are too intimidated to share beliefs that differ from their professors in class, and 64% believe the political and social climate on their campus prevents them from expressing themselves freely.

Most Americans are profoundly disturbed about this. Yet many shrug their shoulders and say, "What can I do about it?"

The answer? A lot.

Students For Liberty is a non-profit that helps build college students into young leaders by equipping them to defend personal, economic and political freedoms.

It provides them with thorough training that allows them to write, speak, organize, and lead others to do the same.

If you donate to Students For Liberty - as I do - you support a vital non-profit that excels in promoting liberty, open inquiry, and free markets.

And if you act now, you can save many thousands of dollars in taxes - twice - on your 2024 tax return.

Here's how...

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Students For Liberty is a global movement of young individuals committed to promoting the ideas of liberty, free markets, and limited government.

It firmly believes that a society that respects individual rights and fosters economic and personal freedom leads to prosperity, innovation, and the overall well-being of its citizens.

Its chapters are aimed at fostering a deeper understanding of these principles among students on campus and within the broader community.

Through seminars, workshops, guest lectures, and community outreach programs, the folks at Students For Liberty empower young minds to think critically, engage in constructive discussions, and develop a strong foundation of knowledge about the principles that shape our world for the better.

To continue its impactful work, the organization relies on the support of generous individuals who share its vision for a freer and more prosperous future.

Your contribution can make a significant difference in amplifying its efforts and reaching a broader audience.

Here are just a few ways your support will have a lasting impact:

  1. Educational initiatives: Your donation will help Students For Liberty organize informative seminars and workshops that equip students with the tools to articulate and defend the principles of liberty in their academic and personal lives.
  2. Online courses: Teach students practical ways to push back against woke administrators and students.
  3. Campus speaker series: With your support, it can invite renowned speakers and experts to campus, providing students with unique perspectives and insights on topics related to economics, individual rights, and freedom. Each year, Students For Liberty organizes over 3,700 events with more than 225,000 attendees.
  4. Community outreach: The organization aims to extend its influence beyond the campus through community events and partnerships. Your contribution enables it to engage with a wider audience and promote the values of liberty.
  5. Thoughtful engagement: Students For Liberty funds a YouTube channel - The Invisible Lens - that explores the political ideas expressed in movies, sports and music. It has already generated more than 4 million views. 
  6. Alumni network: Students For Liberty supports an alumni network of more than 12,000 free market advocates who now work in business, government, journalism, academia, and think tanks.

A donation to Students For Liberty reflects your dedication to empowering the next generation of leaders and thinkers, the people who will shape the future.

You become an integral part of a movement that is creating lasting change and fostering a society rooted in liberty and individual rights.

I'm proud to give my own time and money to Students For Liberty.

In fact, I sit on the board alongside my good friends John Mackey, founder of Whole Foods, and investment analyst Rick Rule, the former President and CEO of Sprott U.S. Holdings.

Rick has generously offered to match any contribution of up to $100,000 between now and year-end from new donors.

While cash donations are always welcome, let me suggest another smart, tax-efficient way that investors can give.

Your contribution to Students For Liberty is, of course, fully tax-deductible.

However, if you donate a stock, bond, or fund where you have an unrealized gain, you also avoid the eventual capital gains tax on the investment.

Consider it a win-win-win.

You contribute to a worthy cause that promotes our most important values (win No. 1).

You avoid a capital gains tax (win No. 2).

And you get a tax deduction for the full value of your contribution (win No. 3).

To give - and every little bit helps - just visit the Students For Liberty donation page here.

To donate appreciated securities, continue to click on the "Gifts of Stock" button and then scroll down to the "SFL Stock Transfer Information" button.

Or simply provide your broker with the stock gift transfer information below:

Brokerage Firm

Charles Schwab and Co. DTC: 0164 Code 40

Account Holder

STUDENTS FOR LIBERTY, INC. 1750 Tysons Blvd., Ste. 1500 McLean, VA 22102

Account Number

9278-9185

Your donation, no matter the size, will be put to effective use in promoting the ideas that have made freedom-loving nations the most peaceful and prosperous in the world.

It's shocking that our highest ideals are under attack in so many quarters - especially in our institutions of higher learning.

But you can do something about it. Please join me in supporting Students For Liberty.

This is the season for giving. It's also a fine opportunity to double your donation (thanks to Rick's help), cut your 2024 tax bill - twice - and make the world a better, freer place.

Donate Here

Good investing,

Alex

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