I love the notion they donate out of the goodness of their heart and aren't doing it as another form of investment. Why is Bill Gates still making money every year if he just does charity?
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He hasn’t given all his assets to charity, and those he retains generate income.
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The Wealthy have no shortage of opportunities to shield profits from taxes. They can also offshore, according to article linked below
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“It is as if, when it comes to the question of paying their taxes, the rich have seceded from the rest of humanity.” https://www.lrb.co.uk/v40/n13/john-lanchester/after-the-fall …
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