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AGI: $60 million
LTCG: $60 milliion
Charitable Contributions: $30 million

While Buffet advocates for higher taxes for the rich, he avoids taxes by making charitable contributions. Nothing wrong with that, but it demonstrates his belief that his money will do more good in the hands of private organizations than in the hands of government.

I wonder why he doesn't urge more charitable giving by the rich rather than higher taxes. It's what he does.

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