Religion and Ethics and Health BBS

Religion and Ethics and Health BBS
[ Religion and Ethics and Health BBS ]

How the Rich Dodge Taxes and How to Make Them Pay

Posted by Ken C on April 19, 2026, 9:08 am

https://eml.berkeley.edu/~saez/SZ2019Appendix.pdf

https://www.nytimes.com/interactive/2019/10/06/opinion/income-tax-rate-wealthy.html

Do away with foundations, the tax break for the rich

Posted by BornToFarm on April 19, 2026, 10:14 am, in reply to "How the Rich Dodge Taxes and How to Make Them Pay"

It is like taking money from your one pocket and putting it in your other pocket and getting a tax break for doing it.

The foundation grows tax free and you can still control it. Have the foundation hire your kids and send them on "fact finding trips". Use it to perpetuate your good name. Do favors for others and have them contribute. Contribute to other's causes and have them do favors for you. Let's do away with this and have them pay tax.

Good idea. Thanks for the reply.

Posted by Ken C on April 20, 2026, 7:28 am, in reply to "Do away with foundations, the tax break for the rich"

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[ Religion and Ethics and Health BBS ]