H
Hodos
Guest
This is a completely false statement. They may reduce their tax liability, but that doesn’t mean they pay zero taxes. The fact is that the top 1% pay approximately 40% of tax revenue. The top 10% pay approximately 70% of tax revenue collected. And quite frankly, the organizations to which one donates is not really your business unless it is your donation. You are also making overly broad assumptions about the destination and character of the organizations to which people donate.Here’s the problem: billionaires don’t pay income tax. They evade it by “donation” to different charity firms (of which only 5% is required to go to the charitys aim) and special interest groups. Groups who lobby for policy with more weight then you could ever vote with.
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