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Given his $1 salary, his effective income is all capital gains, which is taxed at 15%. In any case, taxes are (in theory at least) paid in return for services
by nickbp 16y ago
Given his $1 salary, his effective income is all capital gains, which is taxed at 15%.
In any case, taxes are (in theory at least) paid in return for services provided to you and your country, whereas charity is paid in return only for the feeling you've contributed to a greater good. It's best to not confuse the two.