According to American law, inheritance tax, state inheritance tax and capital gains tax all need to integrate the inheritance from parents. Together, these tax rates account for about 63% of the estate. With such a high inheritance tax, the wealthy Americans rarely inherit their inheritance by inheritance. According to American law, if you donate your wealth to your charitable fund, you won't receive any inheritance tax, but you are required to donate 5% of your charitable fund to the society every year. This legal provision in the United States encourages the rich to be keen on charity.
In the United States, the national inheritance tax usually accounts for 45%, the state inheritance tax usually accounts for 20%, and the asset value-added tax usually accounts for 15%. If the inheritance is passed, only $37 million will be left after paying the inheritance tax for every $ kloc-0/billion. The calculation process is:1x (1-45%) x (1-. If you donate it to a charitable foundation, you don't have to pay inheritance tax. That $100 million hasn't moved, but you have to donate 5% every year. But you should know that the average annual return on asset investment in the United States is 10%, with an annual profit of 5%. The rich are willing to do this without paying taxes, but they can make a profit from the investment of the foundation.
Rich Americans are also parents, and they want to leave their huge wealth to future generations to make their lives better. Therefore, one of the main purposes of the rich donation is to leave more money to future generations. It is precisely because there are too many inheritance taxes that donated foundations can leave their wealth to future generations as much as possible without paying taxes. The wealth of Rockefeller, Ford and other rich people is passed on to future generations in the form of foundations.
Another main purpose of American rich people donating money to charity is to repay the society. As the richest people, money is just a number to them, and no amount of money can reflect their personal value. Only by making contributions to society through charitable donations can they feel happier and fuller.
In charity, Gates is the best. According to the law, the foundation must donate 5% of its total assets every year, but the annual donation amount of the Gates Foundation can reach about 10%. The following table shows the income and donations of the Gates Foundation from 2003 to 2065,438+03. As can be seen from this table, the Gates Foundation has made great contributions to society every year, and has donated more than $28 billion in cash and in kind in the past ten years. Gates is using it.
Rich Americans are keen on donation and charity, guided by national laws, have the feelings of contributing to society and changing the world, and also have the idea of passing on wealth to future generations as much as possible. The rich have gained fame and wealth by donating money to charity, and they are also changing the world with their wealth.