00ff

4 ms·

1. 1.▲
   by 00ff 3y ago

   Philanthropy is a lot less arbitrary than the vast machinery of misaligned incentives we name government. Like it or not, your tax dollars fund Guantanamo Bay, Trump's family separation/kids in cages, and every other odious federa
2. 2.▲
   by 00ff 3y ago

   The Gates foundation likely gets more altruistic bang for its buck than any government on the planet, and plausibly more than any other organization of any sort.
3. 3.▲
   by 00ff 3y ago

   I've observed the opposite. The wealthy people I know are philanthropic. Similarly the upper middle class is more altruistic than the lower middle class, and so on down the hierarchy of needs.
4. 4.▲
   by 00ff 3y ago

   False, we never stopped taxing the rich. We reduced top marginal income tax rates though, so they moved more money into income and stopped hiding as much in shell companies and inventory. The top 1% earn 20% of national income, but their ta
5. 5.▲
   by 00ff 3y ago

   Most commenters here seem to have a false impression of the distribution of taxation. "The rich pay little taxes" is disinfo. The truth is more like "the rich pay most of the taxes." The US has had progressive taxation s