4 ms·

Do you have any basis for that belief? It seems equally plausible that he wanted as much as possible going to the foundation in order to optimize its philanthro

Do you have any basis for that belief? It seems equally plausible that he wanted as much as possible going to the foundation in order to optimize its philanthropic potential.

dragonbonheur 9y ago
Basis one, served: https://www.economist.com/node/9903943 https://www.economist.com/node/9903943 Bases N, served. https://www.google.com/search?q=chuck+feeney+tax+evasion https://www.google.com/search?q=chuck+feeney+tax+evasion Peruse at leisure.
- nothrabannosir 9y ago
  I feel like you’re trying to equate avoiding taxes with self enrichment. That’s true if you avoid taxes to then keep the money. But if you avoid taxes by giving everything to charity, that’s not avoiding taxes anymore: those are deductibles for a reason! The question is: did he end up keeping more money now, than he would have, had he just kept everything and paid the due taxes? The article seems to suggest that, no, he didn’t. > “Chuck hates taxes. He believes people can do more with money than governments can,” Yeah, join the club.
  - dragonbonheur 9y ago
    For a long time he withheld taxation money that could have gone to education and infrastructure. The fact that he gave money away when it was most convenient to him WHILE NORMAL PEOPLE HAD TO PAY EVERY TIME, ON TIME, does not excuse his despicable behavior.
    - dang 9y ago
      Please don't use uppercase for emphasis in HN comments. It's basically yelling, and the site guidelines ask you not to. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
    - Chriky 9y ago
      That's kind of like saying taking a pay cut or working part time is tax avoidance. "Normal people" can also avoid taxes by giving their income to charity if they want. From reading your posts it seems like you jumped to a conclusion without understanding the situation.
      - dragonbonheur 9y ago
        Except that I never said taking a pay cut or working part time were tax avoidance. Also, normal people don't usually set up tax-exempt foundations that hire them as "board members" to "give their money away".

Do you have any basis for that belief? It seems equally plausible that he wanted as much as possible going to the foundation in order to optimize its philanthropic potential.

dragonbonheur 9y ago

Basis one, served: https://www.economist.com/node/9903943 https://www.economist.com/node/9903943 Bases N, served. https://www.google.com/search?q=chuck+feeney+tax+evasion https://www.google.com/search?q=chuck+feeney+tax+evasion Peruse at leisure.

nothrabannosir 9y ago
I feel like you’re trying to equate avoiding taxes with self enrichment. That’s true if you avoid taxes to then keep the money. But if you avoid taxes by giving everything to charity, that’s not avoiding taxes anymore: those are deductibles for a reason! The question is: did he end up keeping more money now, than he would have, had he just kept everything and paid the due taxes? The article seems to suggest that, no, he didn’t. > “Chuck hates taxes. He believes people can do more with money than governments can,” Yeah, join the club.
- dragonbonheur 9y ago
  For a long time he withheld taxation money that could have gone to education and infrastructure. The fact that he gave money away when it was most convenient to him WHILE NORMAL PEOPLE HAD TO PAY EVERY TIME, ON TIME, does not excuse his despicable behavior.
  - dang 9y ago
    Please don't use uppercase for emphasis in HN comments. It's basically yelling, and the site guidelines ask you not to. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
  - Chriky 9y ago
    That's kind of like saying taking a pay cut or working part time is tax avoidance. "Normal people" can also avoid taxes by giving their income to charity if they want. From reading your posts it seems like you jumped to a conclusion without understanding the situation.
    - dragonbonheur 9y ago
      Except that I never said taking a pay cut or working part time were tax avoidance. Also, normal people don't usually set up tax-exempt foundations that hire them as "board members" to "give their money away".