Let’s not forget lobbyingbribery. And since said political influence is ostensibly being bought for the sake of charity, nobody would even blink.
Just my theory, mind you. But every one of these charitable foundations is primarily done for tax avoidance. No question. Well that is every one of these foundations except for the one set up by Mr President Tiny Dick. He just can’t resist the temptation of embezzlement. I mean seriously, he bankrupted THREE casinos, and had a judge not just dissolve his foundation, but also bar him from running one of these so-called charitable foundations ever again.
I don’t even want to know how you can fuck up that egregiously. One of those things where you have to wonder if successfully finding understanding of how it happened is going to hopelessly corrupt your own soul for all of eternity.
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?
I assume that tax avoidance is also a factor.
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Let’s not forget
lobbyingbribery. And since said political influence is ostensibly being bought for the sake of charity, nobody would even blink.Just my theory, mind you. But every one of these charitable foundations is primarily done for tax avoidance. No question. Well that is every one of these foundations except for the one set up by Mr President Tiny Dick. He just can’t resist the temptation of embezzlement. I mean seriously, he bankrupted THREE casinos, and had a judge not just dissolve his foundation, but also bar him from running one of these so-called charitable foundations ever again.
I don’t even want to know how you can fuck up that egregiously. One of those things where you have to wonder if successfully finding understanding of how it happened is going to hopelessly corrupt your own soul for all of eternity.
It always has been (points gun)
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?
What taxes?