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Old 05-28-2010, 03:25 PM   #126
firstdown
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Join Date: Oct 2004
Location: chesapeake, va
Age: 61
Posts: 15,817
Re: 47% Will Pay No Federal Income Tax

Quote:
Originally Posted by saden1 View Post
You're giving her flack for giving her money away to charity?
I'd have to dig around for the story but it was not set up for charity but more for a reason to avoid paying taxes. I have no problem with someone giving money to charity to have a tax write off but hiding the money in a foundation is more of a way to sheild money from paying taxes. The small % that is required to donate is chump change compared to the tax rate. I really don't really care what she does with her money but don't say the rich are not paying enough taxes when your hiding money from the IRS.
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