I mean if I want my next of kin/whoever to get my money, it’s better to do it while alive when you can get creative with the accounting. Especially when you’ve got Gates money and setting up something like a nonprofit is relatively easy.
Once you’re dead and you’ve got this lump declared assets you’re trying to pass on that Uncle Sam will take up to like 40% of.
This is him avoiding estate taxes, change my mind.
How much would his estate taxes be vs giving up 99% of his fortune?
Bill Gates uses his “charity” to exert influence worldwide and demand stuff in return.
If this man was truly giving away his money then world hunger would have been solved by now.
He is the largest landowner in the US
Even on lemmy his marketing pr is successful
What stuff has he demanded in return?
He heaivily invests in vaccines and pharma companies. And he keeps the vaccines patented.
See also this great video https://youtu.be/i8w3qPwpzZA
Sorry, what stuff has he demanded in return ?
He holds the patents on the vaccines which he acquired using a “nonprofit”.
Do you think Sam Altman is also graciously saving the world with his “nonprofit”?
Nonsense. That’s not how non profits work, and not how patents work.
They didn’t explain how parents work, not sure how you can claim that
I mean if I want my next of kin/whoever to get my money, it’s better to do it while alive when you can get creative with the accounting. Especially when you’ve got Gates money and setting up something like a nonprofit is relatively easy.
Once you’re dead and you’ve got this lump declared assets you’re trying to pass on that Uncle Sam will take up to like 40% of.
If only there was some way to see what the non-profit was doing, some kind of third party auditor or something.