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by Muzza
4684 days ago
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> There's no excuse for not contributing. My effective income tax rate is 50%, and then there is an additional 25% VAT on everything I buy. How much more of my income does the all-knowing Eli Gottlieb suggest I "contribute"? Perhaps I should give away the remaining 25% and go live on the streets as a declaration of solidarity? |
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You can only pay VAT on the 50% of your income that you keep (and that is presuming you spend all of it). So you have 50% * 75% = 37.5% of your income left to give to charity.
I also find it a bit interesting that you are OK (presumably) with giving away 63% of your income to the government, where you have hardly any say in how it is spent, but offended at the idea that you should give anything else away when you can choose where it goes.