'As for Bill Gates, there is no way that he is getting a tax benefit anywhere near as large as his donations. His wealth is held largely in stock - his actual annual income is probably measured in millions not billions. US tax law is incredibly favorable to wealth and capital accumulation, i.e. Gates wouldn't pay all that much tax in the first place. '
More or less exactly what I'm saying. Your point about paper (or now electronic) wealth though is a very good point.
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