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 1 month ago '04        #19
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The question is what was done to get their rate that low.

For example...

If I made a $1,000,000 and donated 500,000.
My effective tax rate for the year would be about 15.5%.

Keep in mind I would've still paid over 150k in taxes.

What were are the deductions and/or credits?

Articles like this provide so little context that it is just to stoke fear.