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> Billionaires shouldn't get a pass because of 'philanthropy'. You're responding to a comment I didn't make. Bill Gates is a philanthropic person. That's not t
by heurisko 5y ago
> Billionaires shouldn't get a pass because of 'philanthropy'.
You're responding to a comment I didn't make. Bill Gates is a philanthropic person. That's not to say I think he shouldn't pay tax, or Microsoft not be the target of antitrust regulation. I also said welfare shouldn't depend on philanthropy.
> Paying your taxes
Billionaires (and high net worth individuals) are paying their taxes, even though what they count as "paying their taxes", should really count as tax evasion.
I don't think appealing to the conscience of billionaires and high net worth individuals is effective. The rules need to change, and be enforced.
In the EU, such tax evasion is built into the system [1]. This should have been solved already. It's an open secret; I don't find these data dumps revelatory at all.
[1] https://www.theguardian.com/business/2014/nov/05/-sp-luxembourg-tax-files-tax-avoidance-industrial-scale https://www.theguardian.com/business/2014/nov/05/-sp-luxembo...