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Not really interested in arguing about whether or not she is giving her money away perfectly or to the best causes according to your (or my or anyone's) standar
by georgemcbay 4mo ago
Not really interested in arguing about whether or not she is giving her money away perfectly or to the best causes according to your (or my or anyone's) standards.
She gets credit from me for doing actual philanthropy instead of just cosplaying it for tax purposes, which has been the norm even for quite a few of the other "giving pledge" donors.
As far as bolstering government programs go, I'd love to see billionaires doing more in that area, but I'd also like to see us tax wealth properly to fund the government doing the government's job.
- rayiner 4mo agoIt seems odd to give someone credit for something while refusing to engage with whether those actions have a meaningful positive effect.
- what 4mo ago> tax wealth How are all of the old people living off of social security going to pay the wealth tax on their million dollar homes?
- rayiner 4mo agoAlso, we already “properly” tax equity wealth. We tax income at the time it actually exists. We don’t tax notional valuations. It makes no sense to tax shares of e.g. SpaceX when the company is $42 billion in the hole. What’s really happening is that people wants to tax future income today.