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Philanthropy these days is about tax haven "foundations" where you and your billionaire friends trade tax laundering "as charity" back and forth, and then appoi
by samstave 4y ago
Philanthropy these days is about tax haven "foundations" where you and your billionaire friends trade tax laundering "as charity" back and forth, and then appoint nepotistic kids to director roles at your foundation and pay them huge salaries.
One of the best examples of this was when Sarah Palin's teen daughter got pregnant, then got flack, so they created a "foundation" to fight teen pregnancy, and it was revealed that the Palin Daughter was being paid some ridiculous amount to be the head of the "foundation"
Anytime you hear about a billionaire's "foundation" -- think "money laundering"
The clinton Foundation (probably the most corrupt foundation known)? The Gates Foundation? The zuckerberg foundation... all of them are money laundering tax avoidance schemes. Irrespective of the small amount of "charity" they do - they money "stays in the family" as it were...