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Old 11-28-2007   #1 (permalink)
LordFu
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Default Could-be millionaire prefers a life of charity

Quote:
Travel company operator Hal Taussig buys his clothes from thrift shops, resoles his shoes and reads magazines for free at the public library.

The 83-year-old founder of Untours also gives away all of his company's profits to help the poor -- more than $5 million since 1999. He is content to live on Social Security.

Taussig takes a salary of $6,000 a year from his firm, but doesn't keep it. It goes to a foundation that channels his company's profits to worthy causes in the form of low-interest loans. (About seven years ago, the IRS forced him to take a paycheck, he said, because they thought he was trying to avoid paying taxes by working for free.)

If he has money left at the end of the month in his personal bank account, he donates it.
Could-be millionaire prefers a life of charity -- themorningcall.com

What a beautiful example of a human being.
For just an instant, have a glimpse, a vision, of life through my eyes. It is a staggeringly joyous perspective, a view of how each person's choices can make their own life better. It is a vision of the possible, of how things can and should be.
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Old 11-28-2007   #2 (permalink)
Rasczak
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Default Re: Could-be millionaire prefers a life of charity

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Originally Posted by LordFu View Post

What a beautiful example of a human being.
Yep.

Quote:
About seven years ago, the IRS forced him to take a paycheck, he said, because they thought he was trying to avoid paying taxes by working for free.)
And what a dreadful example of a government.
Eric
"For whoever habitually suppresses the truth in the interests of tact will produce a deformity from the womb of his thought." -Sir Basil H. Liddel-Hart
"How do you tell a Communist? Well, it's someone who reads Marx and Lenin. And how do you tell an anti-Communist? It's someone who understands Marx and Lenin."—Ronald Reagan

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Old 11-28-2007   #3 (permalink)
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Default Re: Could-be millionaire prefers a life of charity

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Last edited by Rasczak : 11-28-2007 at 06:31 PM. Reason: I can say that again
Eric
"For whoever habitually suppresses the truth in the interests of tact will produce a deformity from the womb of his thought." -Sir Basil H. Liddel-Hart
"How do you tell a Communist? Well, it's someone who reads Marx and Lenin. And how do you tell an anti-Communist? It's someone who understands Marx and Lenin."—Ronald Reagan

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