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Originally Posted by trevorjohnson  ............After all, that other 90% IS NOT ours to do whatever we want to do with it. |
True enough. About 60% of that 90% has another claim on it, depending upon your jurisdiction. . . .
But I agree with your general point. And if you are doing really well, the IRS even "lets" you give away up to 50% of your income and deduct it completely.