Zuckerberg to give all his money to charity
Zuckerberg promised that during his lifetime he will give away all of his $45 billion worth of FaceBook stock to a charitable trust.
This means that
(1) No tax will be paid on the $45 billion.
(2) The massive amount of money will be used to fund left-wing causes.
(3) The libertarian assertion that low taxes on the rich are necessary to entice people like Mark Zuckerberg to create value is proved once again to be false. Zuckerberg doesn’t even want the money. He’s giving it all away.