I’m not going to make a blanket claim like “philanthropy is not misused to avoid taxes”, because of course in some limited cases it is, but your assertion that the motivation for the Gates foundation is to avoid taxes is baseless. It’s a common idea that you’ve subscribed to, but you’re unable to back it up with even a vague idea.
The Gates Foundation has made Gates’ significantly less wealthy.
I’ll ask you directly: why would you become less wealthy in order to avoid tax?
Why would you waste $10 to save $5 in tax?
I can’t say how the tax avoidance strategies of the super-rich work in practice, but in any case, their feigned philanthropy is a key part of it.
It’s not.
This is a common misconception based on meme level reasoning.
I don’t know how this works but I know I don’t like billionaires.
You need to be more specific. I’m not going to waste my time refuting your statement because I can’t even begin to imagine how you came up with that.
That makes two of us I guess.
You said that you don’t know how it works, I can’t really respond to that.
You said that philanthropy is not misused to avoid taxes—that is definitely wrong, but if you want to believe it, please do.
I’m not going to make a blanket claim like “philanthropy is not misused to avoid taxes”, because of course in some limited cases it is, but your assertion that the motivation for the Gates foundation is to avoid taxes is baseless. It’s a common idea that you’ve subscribed to, but you’re unable to back it up with even a vague idea.
The Gates Foundation has made Gates’ significantly less wealthy.
I’ll ask you directly: why would you become less wealthy in order to avoid tax?
It’s the difference between spending money to have your will enacted, and having your money taken by the people, for use of the commons.
The latter is a very dangerous precedent to set. You don’t want the people feeling like they can have their will enacted.