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It actually is, if you care about where it goes
by darkerside 3y ago
It actually is, if you care about where it goes
- dchftcs 3y agoAnd also if you care if it's sustainable.
- galleywest200 3y agoWith that much money you can just pay an entire team to find places to send it for you.
- belter 3y agoYou pay a whole team of tax advisors, and lobbyists, so that no politician of enough weight in 20 years, says the magic word: "Billionaire Tax" "Global billionaire tax could yield $250 billion annually, study says" - https://www.reuters.com/business/finance/global-billionaire-tax-could-yield-250-bln-study-2023-10-22/ https://www.reuters.com/business/finance/global-billionaire-...
- darkerside 3y agoThat's a great strategy if you don't care where it goes. You'd probably be surprised how quickly money can disappear when you have people motivated to spend it.
- fbdab103 3y agoIt has been a winning strategy for SoftBank. When there are gigantic sums of money sloshing around, the waste can become enormous.
- 93po 3y agoHe does, it's literally what the Gates Foundation is for. It isn't easy to just give away $100,000,000,000 and trust that even half of that will get meaningfully spend and that it won't actually wind up getting abused by assholes in powerful positions and making things worse. That's $14 million per day for twenty years.