Chapter 599: What the hell is going on in American charity!

In fact, the meaning of Wu Xiang's words is very simple, that is, charity is not the same as charity.

What's different about this thing?

Yes, and it's very different, especially the charity in the United States!

Okay, this guy Wu Xiang is going to hack the United States again, but this guy has always been justified when he speaks.

"Brother Biao, you know Buffett, he donated, but the question is why did he donate?"

"For the sake of public welfare!"

Brother Biao's answer is still very normal and correct, but the question is.

"You only got part of it right, and I don't deny that they do charity, and they do really want to do so, but I can tell you very responsibly that the reason why they donate is more to leave their inheritance to their descendants, in fact, to avoid taxes, because of the ...... of the United States."

"Inheritance tax is very high, and I know that. Without waiting for Wu Xiang to finish speaking, Brother Biao over there immediately answered, and at the same time made a joke, "You big five hairs, don't brainwash me, hahaha......"

"Hehe, you can see this. Wu Xiang was not embarrassed at all, and made a joke.

This is really all a joke, Brother Biao is also a hipster, and he knows how Wu Xiang is scolded on the Internet now, but the reason why he said this is only because he thinks that people are at least a little kind.

"I know that, I know that there is a lot of inheritance tax in the United States, but I still think that they can donate all the inheritance, even if it is all turned into those charitable foundations. But they're still doing good, aren't they? I don't think we can at least scold them. Isn't that right?"

That's right, what Brother Biao said is not wrong at all, we really can't scold them, but.

"Okay, I don't have anything to say, when you get to the United States, I will still support you. I will definitely support you, and you can rest assured that this is good. But. By then, I'm sure you'll be able to figure out what charity is all about. ”

Wu Xiang didn't scold, and he didn't think that Brother Biao was wrong. Merely. He still hadn't fully understood what was in it.

"Okay! With your words, then I have more confidence!"

The relationship between the two is not brainwashed and brainwashed, it's just a small gathering between friends, and then, it is natural to eat and drink......

Does this guy Wu Xiang still have any unique insights on the matter of 'charity'?

There really is, and more of it is mainly American charity, because the charity in this country is so bizarre.

If we only look at the surface. Then the whole world knows that the United States is a country of charity. The good people in the United States, the great good people, that is simply 'everywhere', casually pick out a guy who is a little famous, then he has done charity to some extent.

Moreover, the highest act of kindness in the world, that is, Microsoft, Gates donated all his family property, which is not a small amount, tens of billions of dollars.

But are they really good people?

People are indeed charitable, this cannot be denied, but their kind deeds are more forced!

Inheritance tax, the inheritance tax in the United States is very high, the threshold is 650,000 US dollars, over 1 million, the low is 45%, the highest is 55%!

Of course, this is only an approximation, if you want to see the details, then you have to hire a lawyer and an accountant, you have to have their help, otherwise, normal people, generally do not understand this thing.

With such a high inheritance tax, you have to give at least half of the silver to the U.S. government, which is your life's work, and it is natural that there are various ways to avoid this tax, and the most common method is to establish a charitable fund.

Then the manager of this fund, of course, has to hire a professional team, but the biggest beneficiaries are their own children.

Hey, yes, it's all like this, and a large part of the American charity fund is used for this.

Unbelief?

It's very simple, if we have the opportunity to look up the 100 senators in 50 states in the United States, we can see that these senators themselves, or their immediate family members, will basically have a few words on their heads, 'managing such and such a charitable fund', 'beneficiaries of such and such a charitable fund', or whatever, anyway, they are all related to these funds.

And it's not just these senators, but also some other government officials with heads and faces, big business owners, and even celebrities, such as the Kardashian sisters...... It's all related to these charitable foundations.

If you look at it this way, then the United States is really not charitable, especially those rich people, celebrities, politicians, but!

So why are there so many homeless people in the United States, and why are there so many American citizens who can't afford to see a doctor or eat?

In fact, it is very simple, it is because of those charitable deeds, as well as charitable foundations, one of their main causes is not to help others, but to help themselves and avoid taxes!

The United States, in many aspects, is actually very exquisite, such as this tax law, which is so detailed that most people can't understand it. For example, in the movie "The Shawshank Redemption", the actor helped the villain policeman in prison, because the actor was very proficient in taxes, so he helped the villain avoid a large amount of taxes, and then the actor's life was better.

This movie actually shows a problem, that is, the tax on inheritance is levied very carefully, even if it is a 'gift' in the United States, it is also said, and the gift is also taxed, but everyone has a chance to be tax-exempt, but there is a limit on the amount, just like if the rich have too much money now, they can be exempted from 1 million......

Well, I can't say more, it's really too detailed, so detailed that it's hard for you to get through guò in an easy way to escape this tax. There was no way, so everyone had to choose such a way to engage in charity. Make a charitable foundation, so that you can pass on your lifelong wealth to the next generation.

This is the true face of these so-called charitable funds. That's something that many people can understand, and Brother Biao can understand it, but some things are deep.

Why is there such an inheritance tax?

Actually, it's a clever design, and that's to keep the class mobility of the United States as a country, to put it simply. That's the American dream!

The United States is a country of immigrants, and there is a natural flaw in the country of immigrants, that is, it lacks the cohesion of a nation. And for the elites of the United States, they know this very well.

So in the United States, there is no national question. Because as long as you're an American. Then you are the American nation, but the strange thing is that within this great nation, we have races!

Hey, yes, you see, the United States is more ethnic than racial, which means that everyone doesn't think about skin color or anything first, that thing doesn't matter. But in fact?

To be honest, this is really a bit too weird. You said that they all look different, their faces are different, how can they be a nation? But people are educated like this, and they have been brainwashed like this since they were children, okay, this point, in fact, Wu Xiang and Haiqing are also doing this, hey~

But the problem is, even if this kind of brainwashing is done, if you don't give some sweetness to immigrants in the United States, then the cohesion of this nation is still in the air, what can we do?

American Dream!

Yes, it is the American dream, and because in the United States, it is possible to realize the American dream that people all over the world want, that is, a happy and satisfying life, and it can be realized here in the United States.

But to realize the American dream, there is a problem involved, that is, class mobility, the poor must have the opportunity to become rich, of course, no one wants to change from the rich to the poor, but the problem is that the total economic volume is increasing, but it is difficult to realize everyone's American dream!

Yes, there are always those who don't get the life they want, and those rich people always want to make themselves richer, or their descendants are still rich, and the economic growth rate, even during the great development of the United States, did not make all Americans rich, right?

So what to do?

So, this inheritance tax came out, its original purpose was to achieve class mobility in the United States, this tax is to put it bluntly, it is to rob the rich and help the poor, just like the heroes of Liangshan, for the heavens, but!

But the problem is that the United States is actually a country where the elite controls the superstructure, and no one in the elite class wants to go down, so no one wants to become poor, that is, they can't make a system and let the system kill themselves, right?

So, there are these charitable tax avoidances, so there are various means of tax avoidance, not only charity, as long as you can avoid taxes, then you can. For example, Bill Gates was a director of IBM, but what happened? Isn't IBM investing in Microsoft a reasonable and successful evasion of estate tax?

But later, Bill Gates's son, Gates III, was not as powerful as his father, and there was no better project to invest in, so there was no way, so let's come to a charity fund.

As for Warren Buffett, that's the same, he is also very promising, otherwise, how can you buy the stocks of those big companies at will? Don't forget, American stocks are divided into A shares and B shares, and B shares are really powerful!

Can the IRS know about these things? Can the tax police in the United States not understand?

Although there is perfect legislation, since all these loopholes have been exploited, why don't they plug these loopholes? Why is it that the rich people of the United States are doing these things in a brazen manner, but the US Government is indifferent? Aren't they clamoring all day long to increase the budget? Haven't they risked closing the door several times? Aren't they all about money? But why don't they plug these loopholes?

The answer is actually very simple, very simple, and anyone can understand why.

So, it's actually a well-designed thing, and on the surface, we have the American dream, we have class mobility, we have opportunities, we have opportunities, but in reality?

The elite has never moved, and the fact that fathers and sons are passed from son to grandson is too common in both politics and business, and they use this qiē appearance to hide the fact that they have always stood at the top of all Americans!

Even if Brother Biao can understand it a little, he still can't see the deep Tao clearly...... (To be continued......)

PS: Thank you all for your support, thank you very much!

What, Franstein seems to be messing up, there are a lot of things, a lot, the black car will talk a little bit about it when he has a chance, hehehe.

Finally, thank you for your support!