No because I know they make more and can afford to pay more, and what's more worthwhile is exactly relevant, this isn't about fairness, this is about who can pay more and who can generate more tax revenue for the govt. On both counts its the rich.
Also I don't think you get it:
The way charitable donations affect the amount of taxes owed is in the form of an itemized tax deduction. When someone pays their taxes, they start out with with gross income, which includes all money they've earned throughout the year. First special deductions are made, known as above the line deductions, after which gross income becomes net adjusted income. From net adjusted income, a taxpayer can choose to deduct a standard deduction, which is based on their income demographic, or all of their itemized deductions, which includes charitable contributions. Itemized deductions are subtracted from net adjusted income to arrive at one's taxable income--the income pool from which taxes are ultimately taken. Therefore, the more charitable donations that are made, the smaller the pool of money that is deemed taxable income, which is how they save tax money.
By giving more money to taxes, you reduce your level of taxable income, hence, if you make 200K and are able to reduce your taxable income below 160K, you don't pay the $39,148.75 plus 33% of the amount over 160,850, you pay the $15,698.75 plus 28% of the amount over 77,100
Predictions:Sales of Wii Fit will surpass the combined sales of the Grand Theft Auto franchiseLifetime sales of Wii will surpass the combined sales of the entire Playstation family of consoles by 12/31/2015 Wii hardware sales will surpass the total hardware sales of the PS2 by 12/31/2010 Wii will have 50% marketshare or more by the end of 2008 (I was wrong!! It was a little over 48% only)Wii will surpass 45 Million in lifetime sales by the end of 2008 (I was wrong!! Nintendo Financials showed it fell slightly short of 45 million shipped by end of 2008)Wii will surpass 80 Million in lifetime sales by the end of 2009 (I was wrong!! Wii didn't even get to 70 Million)









