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What a warped worldview. I´m on board with criticizing universities and foundations that have so much money around and the elitism that promotes. But this read
by yosamino 5y ago
What a warped worldview. I´m on board with criticizing universities and foundations that have so much money around and the elitism that promotes.
But this reads like someone desparately trying to point fingers.
Take this:
> That means America’s charitable foundations and billionaire universities hold at least $1.5 trillion in assets. That’s far more wealth than that of Jeff Bezos, Bill Gates, Mark Zuckerberg, Elon Musk and the founders of Google and Oracle combined.
That is just cherry picking. Filtering the Forbes 500 by USA and then adding peoples´ net worth, I need to go down to like #17 (USA based) and sum up as I go along to reach >1.5 Trillion. #17 is still an individual who owns 47 Billion USD.
Not even taking into account that these are (with one exception) individuals, whereas "The Bill and Melinda Gates foundation" as the richtest of the bunch is valued around 47 Billion USD and Harvard sits at "only" 37.
Based in this argument alone, it makes more sense to tax "Individuals who own more than a Billion USD" instead of "Charitable organizations and Universities who own more than one Billion USD" if one were to be forced to chose between the two.
- silicon2401 5y ago> Based in this argument alone, it makes more sense to tax "Individuals who own more than a Billion USD" instead of "Charitable organizations and Universities who own more than one Billion USD" if one were to be forced to chose between the two. But the washington post is owned by bezos, so I suspect you won't see articles making your point anytime soon