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> Billionaire's 501(c)(3)s aren't charities in the typical sense. They're tax-exempt piles of money that are controlled exclusively by billionaire and their fam
by badrequest 4y ago
> Billionaire's 501(c)(3)s aren't charities in the typical sense. They're tax-exempt piles of money that are controlled exclusively by billionaire and their families
Ah, so basically the exact same as every other billionaire family's charity.
- Bilal_io 4y agoWhat's your point? Pointing out other billionaires doesn't make the billionaire we're discussing less horrible. Most billionaires are horrible in my opinion. This is due to the idea that you cannot get that rich without exploiting people, taking money from government (while simultaneously talking against people receiving help), and this charity scheme is yet another loophole that needs to be closed.
- boringg 4y agoWhile you may love/hate certain classes of people it would probably be helpful for you to refresh how economies work and, not just modern day economies, all economies. There will always be some level of exploitation in every single type of government/economy and there will always be government there to support interest of its people. You might finesse your argument to the fact that you deem the level of exploitation and gains accrued to "billionaires" is too great for your tastes and that there needs to be a better balance struck. If not it just reads as thoughtless criticism without understanding how are human systems work.
- yunohn 4y agoYou’re standing up for the equality of billionaires? Sure, they’re a minority by definition, but I think we can all agree they’re not a disadvantaged class.
- boringg 4y agoStanding up for billionaire? Nope. Pointing out that the complaint is poorly structured in how the world works with a goal is to help strengthen arguments and promote better conversation on here.
- varnaud 4y agoWe'll never make the world perfect, but we can try and make it better. Less exploitation seems like a good thing to do. Don't you agree?
- yunohn 4y agoYou’re saying that drawing a line at billionaire wealth doesn’t make sense. I don’t understand that logic, we draw lines for everything - why is this is such a messy limit according to you?
- boringg 4y ago>This is due to the idea that you cannot get that rich without exploiting people, taking money from government (while simultaneously talking against people receiving help), I'm ripping this part of OP commentary apart since it essentially describes everyone and not billionaires. It's a lazy argument.
- badrequest 4y agoMy point is that the other billionaires are just as bad. The OP was framed in a way as though Musk was doing something novel, when it's the oldest trick in the book.
- pwinnski 4y agoRight, billionaire family charities are almost uniformly horrible, including this one.