Yes, and tax dollars are also used for beneficial things. Please list those too. Philanthropy can be used to fund suffering-inducing things, so indeed, this is

Yes, and tax dollars are also used for beneficial things. Please list those too. Philanthropy can be used to fund suffering-inducing things, so indeed, this is multi-faceted. The point is not that philanthropy can or cannot be useful, the point is that money hoarded is extremely inefficient and wasteful of the usefulness and utility of money (because there are certainly diminishing returns to its utility) -- in a system afforded by the government itself. Life is fleeting, thus so is your experience of your wealth.