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Re:Berkshire Hathaway Now Pays 5% of All Corporate Income Ta... by PaulDavisThe1st on Tuesday June 24, 2025 @09:15PM (#44372796)
Not at all.

The standard deduction has an entirely different purpose which is not negated by extremely high income and/or wealth.

IRA's, however, were set up for a specific purpose for which Thiel is not the target.

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