Quote:
Originally posted by ktsnake
The nice thing about being incredibly wealthy in America is that you CAN have it both ways. These folks pay very little income tax if any (receive and store their funds off-shore). The folks that are really hurt by our current redistribution of the wealth are the upper middle class.
I'll bet my parents paid more in income tax than Bill Gates did last year.
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I bet Bill Gates donated more money last year than most Americans combined. He plans to donate 90% or 95% of his net worth within his lifetime. So far his foundation is worth 24 billion dollars. That could increase to over 50 billion dollars over the course of his lifetime which would make him one of the biggest philanthropists in the US ever.
I mention this since charitable donations is another way to redistribute wealth.
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