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No its not clear enough actually, the tax benefits could have also been passed on, so please provide supporting evidence of his personal profit. Otherwise we ca

No its not clear enough actually, the tax benefits could have also been passed on, so please provide supporting evidence of his personal profit. Otherwise we can continue to assume you are a paranoid skeptic.

dragonbonheur 9y ago
Boo-effin-Ya... https://www.economist.com/node/9903943 https://www.economist.com/node/9903943 " Tax avoidance is the flip side to Mr Feeney's philanthropic coin. He is addicted to it. “Chuck hates taxes. He believes people can do more with money than governments can,” says a friend. In 1964 a young New York lawyer, Harvey Dale, told Mr Feeney that changes in the tax laws threatened his business, which was running risks that could put the founders in jail. On his advice, Mr Feeney and his co-founder, Robert Miller, transferred ownership to their foreign-born wives, from France and Ecuador, respectively. In 1974, through a deal with the American government, the firm turned the Pacific island of Saipan into a tax haven. Then, in 1978, Mr Feeney grouped his various investments, including his shares of DFS, in a holding company, General Atlantic Group Limited, in tax-free Bermuda. To escape the American taxman, everything was still registered in his wife's name. " Also, who's "we"? Now I'll have to assume that you are a narcissistic psychopath. But let's keep these assumptions on the low-down, as ad-hominem attacks are quite pooh-pooh'd upon in these strange parts.
- codecamper 9y ago
  Maybe he didn't want his money going to buy more cluster munitions, depleted uranium bombs, clean water act rollbacks, napalms, etc etc? I hate taxes as well & under our current "leaders"... seeing that they are putting the entire economy at risk with their military over spending... then I would love to figure out how to maximally avoid taxes as well.
  - dragonbonheur 9y ago
    Avoiding taxes does not lead to less military spending. Amazon and GE usually pay less federal taxes than the average US citizen but have plenty of lobbyists shoving money into politicians' pockets, just like most defense contractors. You're better off fighting the influence of money in politics if you want your taxes to be well spent www.wolf-pac.com
- jahnu 9y ago
  I also find the idea that the exceedingly wealthy can effectively buy their way out of our tax system. Even if in this case all the money did actually go to causes of his choosing it's not a just system and I'm saddened you are being down-voted for just having a contrary opinion.

dragonbonheur 9y ago

Boo-effin-Ya... https://www.economist.com/node/9903943 https://www.economist.com/node/9903943 " Tax avoidance is the flip side to Mr Feeney's philanthropic coin. He is addicted to it. “Chuck hates taxes. He believes people can do more with money than governments can,” says a friend. In 1964 a young New York lawyer, Harvey Dale, told Mr Feeney that changes in the tax laws threatened his business, which was running risks that could put the founders in jail. On his advice, Mr Feeney and his co-founder, Robert Miller, transferred ownership to their foreign-born wives, from France and Ecuador, respectively. In 1974, through a deal with the American government, the firm turned the Pacific island of Saipan into a tax haven. Then, in 1978, Mr Feeney grouped his various investments, including his shares of DFS, in a holding company, General Atlantic Group Limited, in tax-free Bermuda. To escape the American taxman, everything was still registered in his wife's name. " Also, who's "we"? Now I'll have to assume that you are a narcissistic psychopath. But let's keep these assumptions on the low-down, as ad-hominem attacks are quite pooh-pooh'd upon in these strange parts.

codecamper 9y ago
Maybe he didn't want his money going to buy more cluster munitions, depleted uranium bombs, clean water act rollbacks, napalms, etc etc? I hate taxes as well & under our current "leaders"... seeing that they are putting the entire economy at risk with their military over spending... then I would love to figure out how to maximally avoid taxes as well.
- dragonbonheur 9y ago
  Avoiding taxes does not lead to less military spending. Amazon and GE usually pay less federal taxes than the average US citizen but have plenty of lobbyists shoving money into politicians' pockets, just like most defense contractors. You're better off fighting the influence of money in politics if you want your taxes to be well spent www.wolf-pac.com
jahnu 9y ago
I also find the idea that the exceedingly wealthy can effectively buy their way out of our tax system. Even if in this case all the money did actually go to causes of his choosing it's not a just system and I'm saddened you are being down-voted for just having a contrary opinion.