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A lot? I know Warren Buffett has similar views, and I've seen other very wealthy liberals claim taxes and climate change were big concerns. When people get very
by beatgammit 8y ago
A lot? I know Warren Buffett has similar views, and I've seen other very wealthy liberals claim taxes and climate change were big concerns. When people get very wealthy, they seem to think less about their finances and more about their legacy and public perception, and honestly when you're that wealthy, you have so much that taxes don't really matter anymore.
There are a lot of very wealthy philanthropists, and I think that's because people seek meaning in their life once they no longer get benefit from earning more.
- johnnyb9 8y agoI agree they probably stop caring about their tax bill because they are billionaires. I find it disingenuous however to then look down the income ladder to people earning more than $1 million and including them in your “we don’t pay enough taxes” bucket.
- batmenace 8y agoIt's not the same, but even if you are not a billionaire, there comes a point where giving relatively more of your added income serves a greater good (i.e. funding for gov't) than the money just being in your bank account. Once you make more than you need to keep up your lifestyle (at whatever level that may be) the suggestion to give back more is not unjustified.
- niij 8y agoThe question is which is more effective at serving "the greater good": the government or charity? Or option #3: free enterprise, which creates jobs, goods, and services?
- simonh 8y agoSome do, some don’t. Bill and Warren are of course prominent examples of billionaire philanthropists. Conversely I could name on famous multimillionaire frequently in the news these days, that has a track record of treating charitable foundations as tax dodging piggy banks. So there are all sorts.