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When a millionaire gives a million dollars to a school in a wealthy neighborhood, all tax payers are on the hook for 400,000 or so in tax deductions. So, rich g
by jwatte 10y ago
When a millionaire gives a million dollars to a school in a wealthy neighborhood, all tax payers are on the hook for 400,000 or so in tax deductions.
So, rich giving disproportionately channels where government opportunity costs are spent!