7 ms·
Sort of. But considering that they are diverting a ton of tax revenue into charities, and the fact hat being a large donor to various charities and endowments c
by gph 8y ago
Sort of. But considering that they are diverting a ton of tax revenue into charities, and the fact hat being a large donor to various charities and endowments can create large status and influence gains, especially for their legacy heirs, I think it's completely fair to ask whether this is truly charity or rich people setting themselves, their families, and their pet causes to be better off in the future instead of paying their fair share of taxes that could be used in a more direct way for the betterment of all in society (I know that's a contentious statement given our current government/politics, but we shouldn't write policy to allow diverting taxes for personal gain just because the government can be corrupt/inefficient)