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75% of Gates Foundation's money end's up in big four consulting firms, which by gates himself do a better work at deploying money than other more rational actor
by agustif 7y ago
75% of Gates Foundation's money end's up in big four consulting firms, which by gates himself do a better work at deploying money than other more rational actors like local governments or communities.
So yeah, prob that's not charity too... it's just a way to get the maximum available tax cut, you donate to your own or your friends charity and he or she funnels backs the money where you need it to be.
- imglorp 7y agoSource? Just looking at the annual letter, they're out there doing good things in third world health impact.
- agustif 7y agoWow, -3 points https://www.vox.com/science-and-health/2019/12/13/21004456/bill-gates-mckinsey-global-public-health-bcg https://www.vox.com/science-and-health/2019/12/13/21004456/b... "How we got here: The Gates Foundation believes in consultants"
- perl4ever 7y agoIf he gives away $100 billion, and pays zero taxes, the money is still gone. When I see this sort of comment, I always think of Seinfeld: "Kramer: They just write it off. Jerry: Write it off of what? Kramer: They just write it off! Jerry: You don't even know what a write off is, do you? Kramer: No. Do you?"