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Then you should make yourself aware of the regular taxation laws in force at the time those fortunes were amassed. The difference I guess is that in the US the
by evgen 10y ago
Then you should make yourself aware of the regular taxation laws in force at the time those fortunes were amassed.
The difference I guess is that in the US the rich give away most of their money (often for favorable tax treatment on the remainder of their estate) and in Europe they just pass it along to their children to maintain the nominal level of Eurotrash the world seems to require. </s>
- johansch 10y agoI wasn't claiming rich Europeans are any better. :) I'm simply claiming that this insanely rich american guy a) percentage-wise gave away quite a bit less of his fortune than e.g. myself has given away in taxes/wealth-distribution in Sweden. b) get's to be called a "philantrophist".
- brandonmenc 10y agoThe difference is that the money was given away willingly, was personally directed to beneficial causes, and was orders of magnitude more than you have "donated." You're not doing the same thing - and, while we can debate how the meaning of the word "philanthropist" has changed, this is the widely understood modern definition.