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To: Broken_Clock who wrote (254469)	6/16/2010 9:23:44 AM
From: RetiredNow	Read Replies (2) \| Respond to of 306849

Different topic, but check this article out below. Here's exactly what irritates me about the rich folks and the GOP in the US. Instead of giving their billions to charities, why don't these billionaires give more of their money to pay their fair share of taxes? Essentially, what these billionaires are doing is paying less percentage-wise than all the rest of us by finding all sorts of ways to obscure their income, including using offshore mechanisms. That means the IRS can't collect as much as is due. Then those billionaires decide they want to feel good about themselves, so they give away a bunch of their money to charities that spend most of it in other countries. So the bottom line is that Americans as a whole are financing these charities, even though only the billionaires are getting credit for it. Since that is the case, I'd much rather that money go to tax revenues to reduce our deficits. The $600 billion challenge features.blogs.fortune.cnn.com Bill Gates, Melinda Gates, and Warren Buffett are asking the nation's billionaires to pledge to give at least half their net worth to charity, in their lifetimes or at death. If their campaign succeeds, it could change the face of philanthropy.