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Chinese Billionaire to Donate Entire Fortune
Economic Times ^
| 7 SEP, 2010
Posted on 09/07/2010 4:13:44 PM PDT by nickcarraway
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To: Tax-chick
Donating money to a foundation which does what you tell it to do, and reaping the tax benefits, is not exactly making a sacrificial gift. But it's their money. They can do what they want with it.
To: James C. Bennett; hinckley buzzard
Actually, I think it’s a more-than-arm’s-length discussion of philosophy.
Of course it’s his own money, and I wouldn’t care if he spent it to build himself Ch’in Shih Huang Ti’s tomb, Part Deux.
22
posted on
09/08/2010 5:01:22 AM PDT
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Tax-chick
(I'm on vacation. Posts, if any, will probably be silly. You been warned! Fins up!)
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