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His main argument besides 'name a country where this has ever worked' was that he is a philanthropist. He alleges that his foundation would have contributed mor
by zapnuk 8y ago
His main argument besides 'name a country where this has ever worked' was that he is a philanthropist.
He alleges that his foundation would have contributed more (in terms of $$$) than a 70% marginal rate. He further feels more comfortable deciding where/how to help by himself instead of giving the money to the gouvernment.
Just because some billionares use their money in good faith, how many of the >5.000.000$/year behave the same? Do they help, buy overpriced luxury goods they don't need, or park their money in some financial product.
His foundation does much work outside of the USA. That's commendable, but it's not up to the individual to decide what they fund. For a good reason.
He really came as arrogant and uninformed. And where was the push back from the host?
[1] http://www.youtube.com/watch?v=NR_lictGa5g&t=1m50s http://www.youtube.com/watch?v=NR_lictGa5g&t=1m50s
- ardy42 8y ago> Just because some billionares use their money in good faith, how many of the >5.000.000$/year behave the same? Also billionaire philanthropy probably wont tackle the problems or solutions that will help society but hurt billionaires. https://www.youtube.com/watch?v=d_zt3kGW1NM https://www.youtube.com/watch?v=d_zt3kGW1NM