• Crashumbc@lemmy.world
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    1 day ago

    Bullshit, he’s “transferring” his wealth to his own charity for tax reasons…

    It’s a trick to protect his money for his children.

    • MimicJar@lemmy.world
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      1 day ago

      Not according to the opening sentence?

      The Gates Foundation plans to give away $US200 billion ($313 billion) over the next 20 years before shutting down entirely in 2045

      • Dragonstaff@leminal.space
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        23 hours ago

        Sure. The Gates Foundation gives the money to the Totally Not A Tax Dodge foundation which quietly pays the Gates kids as much as they want. I’m sure it will be more elegant than that, but that’s the basic grift.

        Meanwhile, Gates uses his reputation as a philanthropist, and all the soft power from controlling billions to further his own interests and cement his personal philosophy as the only option.

        The charity means that the American people have no control at all over how the money is spent, so the plebians have to beg at their door for money to be used in the way that Gates says it must be used.

        • Katana314@lemmy.world
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          8 hours ago

          I will say, the business of fake charities is so common that it does sound almost preferable to make their own, and actually understand where aid is needed in the world.

          It’s an old topic for me, but I do remember hearing about the B&MGF working on clean water solutions in other parts of the world.

          Also; Warren Buffett recently pledged to the charity, while having his own trust for his kids. That action wouldn’t make sense if the charity just existed to protect family.

          • Dragonstaff@leminal.space
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            7 hours ago

            You’re asking me to cite a source for Gates’s donation to the “Not a Tax Dodge Foundation”? After I said "I’m sure it will be more elegant than that, but that’s the basic grift. ”

            Please go look up the term “hypothetical”. You might want to investigate the Onion too.

        • vxx@lemmy.world
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          12 hours ago

          He was anti-competetive towards Netscape navigator, admitted guilt and paid for it, since then he’s putting his money where his mouth is. Anything else I left out?

          Microsoft has gone to shit after he left.

          Lemmy sounds exactly like magas