there was one article i read somewhere, not abt NKF, but abt a
charitable organisation in the UK.
i can't remember the whole thing, but it went something like this:
it's abt a rich man there who every month donates the whole of his
monthly income to a single charity organisation.
similarly to SG, tax rebate is granted for those who donated to
recognised charitable organisation. and since he donated all of his
monthly income, he is not liable for income taxes.
wif no money left every mth, how did he survive? his lodging and
transportation and food is provided by his employer as employment
benefits. hence he lived his life wif bare minimum, together wif
his wife.
but the strange thing is... when he retired, he retired rich, wif
at least a million pound!
wonder why?
the charitable organisation was founded by his wife, and he himself
is one of the beneficiery of that charitable organisation.
even when the british govt knows abt this, they cant do anything at
all.
