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Politics : Formerly About Advanced Micro Devices

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To: bentway who wrote (624464)8/15/2011 2:46:38 PM
From: Tenchusatsu2 Recommendations   of 1576127
 
Bentway, > To you, a great charity, the Gates Foundation, out solving the world's problems, is just a TAX DODGE!

I never said it's "just" a tax dodge. That's just you being a complete asshole again.

Ask yourself why Buffett is contributing to the Gates Foundation instead of writing a check to the IRS. It's because the Gates Foundation, a PRIVATE organization, can do much more good for the world than the federal government.

Like I said, raise taxes on Buffett, and he'll just end up donating less to the Gates Foundation. He'll never sacrifice his own standard of living (which is relatively low compared to other billionaires). Instead, he'll just reallocate all of his disposable wealth.

Even you know that, but I think you're too afraid to admit it.

Tenchusatsu
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