Comment on Linus Torvalds and Bill Gates Meet for the First Time Ever

• Valmond@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

  Making money/influence. It’s such a scam his “Bill and Melinda Charity” (no taxes on charities).

  source

  • LandedGentry@lemmy.zip ⁨3⁩ ⁨weeks⁩ ago

    [deleted]

    source

    • Valmond@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

      Their pr firm seems to function very well at least.

      Guess you’re going to whitewash bezos, musk and zuckerberg next?

      source

      • LandedGentry@lemmy.zip ⁨3⁩ ⁨weeks⁩ ago

        [deleted]

        source

        • -> View More Comments
      • Lemminary@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

        Lol no. Of all the sleazy and greasy millionaires, Gates is one of the few whose actions speaks for themselves. Dude has been doing noble causes for most of my life.

        I’m all for talking shit about the rich, but it better be true.

        source

        • -> View More Comments
    • Valmond@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

      Name one bad historical person that didn’t do at least some good.

      Your moral compass is broken.

      source

      • Honytawk@feddit.nl ⁨3⁩ ⁨weeks⁩ ago

        The charity did more than some good though.

        source

        • -> View More Comments
  • victorz@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

    It’s still giving money away though? Why would you want there to be taxes on charity?

    source

    • fushuan@lemmy.blahaj.zone ⁨3⁩ ⁨weeks⁩ ago

      It’s more nuanced though. Here’s how rich people use charities to gain wealth:

      Rich person has tons of money that would be taxed if bill Y passes. Rich person creates a charity and donated 20% of what they would had to pay to the IRS to the charity, with that money the charity uses half for good causes and half is given to X lobby company, which then lobbies politicians to avoid passing that bill.

      In the end, the rich person saved 80% of what they would had to pay.

      Yeah, 10% went to good causes but imagine what the society could afford if 100% went through instead of 0.

      This is a very rough outline of how they do it, but the summary is that they use charities to donate to lobbies while skipping taxes on the donation itself.

      source

      • binomialchicken@lemmy.blahaj.zone ⁨3⁩ ⁨weeks⁩ ago

        Yeah, 10% went to good causes but imagine what the society could afford if 100% went through instead of 0.

        It’s the US, so more weapons I presume.

        source

        • -> View More Comments
    • Allero@lemmy.today ⁨3⁩ ⁨weeks⁩ ago

      The point here is that in many jurisdictions doing charity exempts you from certain taxes, and it is possible to shuffle money around under the disguise of philanthropy while still getting all the financial benefits like an actual charity

      source

      • victorz@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

        Well that’s disgusting, ain’t it. 🫤

        source
      • Valmond@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

        Amen

        source
    • interdimensionalmeme@lemmy.ml ⁨3⁩ ⁨weeks⁩ ago

      Because they are tax avoidance mechanism first and charity seconds.

      Money is a brokering system of power, charitues being tax free makes these entities unaccountable to democratic institurions.

      That’s how we ended up with this infection of corrupt megachurches.

      The “prosperity gospel” is billionaire-serving propaganda. It empowers their formation, growth and necessary abuses that come from such widespread exploitation.

      source

      • victorz@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

        Gotcha. That sounds very bad indeed.

        source
    • Valmond@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

      Giving away money? You sweet summer child.

      Research don’t want “his” (the foundations) money, it comes with so many strings attached all your lives work now belongs to the B&M foundation.

      source

      • victorz@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

        You sweet summer child.

        Alright dude, I don’t know much about the foundation, sorry. 🤷‍♂️

        source
  • ayyy@sh.itjust.works ⁨3⁩ ⁨weeks⁩ ago

    Search the web for “polio”

    source

    • floofloof@lemmy.ca ⁨3⁩ ⁨weeks⁩ ago

      en.wikipedia.org/…/Global_Polio_Eradication_Initi…

      source
    • Slovene@feddit.nl ⁨3⁩ ⁨weeks⁩ ago

      Google en passant.

      source
  • dan@upvote.au ⁨3⁩ ⁨weeks⁩ ago

    (no taxes on charities).

    What type of taxes are you talking about?

    source
• farngis_mcgiles@sh.itjust.works ⁨3⁩ ⁨weeks⁩ ago

  “charity”

  source