And this is why people will believe trickle down economics will work. How much more money would have been paid at fair tax rates over that same period? The myth of money scarcity is just that, a myth. If we can spend Two trillion on a pointless war, we can afford free healthcare.
We'll have a Jesse Owens before Hitler opportunity today. What message will the athletes and celebrities give? “End Racism” vs. “Choose Love.”,,, there’s no competition here at all. It’s “End Racism” by a mile." Steve Buckley, NYTimes https://bit.ly/42N1pAU
There needs to be about a million reposts of this. I've been working to get away from all of these. DuckDuckGo has been amazing. Now I am working on changing emails (it's a process) and backing out of Amazon (also a process). The rest was easy to give up.
It’s a process and there are more alternatives coming! When Neptune is released, it will interact directly with blue sky social and will have an alternative to Twitter and TikTok wrapped all up into one nice package!
I'm sitting here pondering..which Bezos do I respect more. Some things are so obvious aren't they? How about this Fuck you Jeff Bezos..Yes.Jeff, the bootlicker. Won't make a bit of difference to him whatsoever, but it sure will to me...no more "anything" Bezos. You've created your own reputation
Oh what the world COULD be if the wealthy was more willing to share. No, you don't dole out money nilly willy to all....you devote the results of your good decisions more easily. Not all are blessed with the wisdom of how to become wealthy. But don't also assume that all wealth is honest.
I can't seem to find the tech bro billionaires on this list. I'm sure I've overlooked something. Musk? Bezos? Zuckerberg? Yeah, that's it. I'm sure I'm just reading the list wrong.
Bill Gates has given many billions in programs that benefit humanity. The author is discounting all of it because Gates still makes money and hasn’t given away his entire fortune.
Perhaps the Nation can profile trump and musk next.
There are many articles saying the same thing its not just Gates they are all the same. easiest way to avoid tax is to set up a `Charitable` Foundation with the foundation owned by the donator. Musk & Trump are just assholes
Don't be fooled by this! None of them would pay the same amount in taxes. They would rather give money they don't need to charities that act as a bandaid to a broken system. They would NEVER spend money on trying to fix this broken system. Don't be fooled.
I wish those billionaires who still believe in democracy would form a conglomerate and buy up some major news outlets, to do responsible journalism and let millions of Americans know what is really going on.
If we want to eliminate autocratic tendencies in our society then we need democratic workplaces and recognize that billionaires make their wealth by exploiting or not rewarding those that built their wealth.
Billionaires existence is a sign of a broken system.
I had that thought earlier today when someone mentioned CNN being bought by a right wing billionaire. I love independent journalists but the masses will watch CNN not knowing the influence.
Musk is the richest man in the world. So it would be easy for him to be the first philanthropist and it would not affect his wealth in any noticeable way. But he is anything but a philanthropist. He is just greedy for money and power.
And all are still billionaires.
Not to knock their generosity but if they gave more away, they'd still be wealthier than 95% of the world.
It's a sad indictment of humanity that some have obscene wealth and yet hunger, homelessness, poverty, war and curable diseases are still rampant on earth.
May well be true, I don't know their actual motivations, but I do know that I can't give 20% or more of my "wealth" away without incurring a high risk of being in financial hardship if something untoward like a serious accident were to occur. At the very least they are all better than the Muskrat.
Bit of a wild comparison. If any one of them gave away 99% of their wealth, they would still have tens of millions. Unlike you, they have hoarded, to the detriment of workers, billions that they cannot spend.
They are more aligned with Musk than they are with you or me.
I'm not denying that they could give more (and IMO should give more), just pointing out that there are worse billionaires out there who we should be targeting for criticism first.
I'd be much happier if there were no billionaires and wealth was fairly distributed.
Oh hell! Where are Adolf Titler and Peter Thiel and Marc Andreeson? It's like they made billions and have zero gratitude for the society that made them billionaires.
Billionaires simply should not exist. There is no human endeavor that should be allowed to amass an amount of wealth equivalent to the combined wealth of more than 95% of the population.
That is patently ridiculous. It’s not a dollar for dollar proposition. Yes it reduces their taxes but not by the amount donated. THATS WHY THE FELON AND ELONAZI DONT DO IT.
I love charities but to me it’s just a failure of the state to adequately tax the rich and fund the people. We shouldn’t have to hope that Billionaires are generous, but we should tax them and have the people (the state) decide where that money goes. But yes being rich doesn’t make you a bad person
While a part of me applauds this, the other part of me thinks that they could donate 99.9999999% of their money and still be far, far, far better off than I am, with my 2.5% of yearly salary's donations to charity.
I mean, it's nice that some of them give away a lot of money.
But here's the thing: Why are we leaving it to people who no one ELECTED to decide which societal problems should be adequately funded? If they were taxed appropriately, our elected representatives would be making those decisions.
That list means nothing. Half the time they give to friends charities which goes really well when tax season comes around. A true philanthropist is the one that changes the landscape for the better. And does so quietly. But that's just my personal 2 cents. Sorry if it offends somehow.
warren buffet is my mentor and i give like he does as well, as so much as been given so much is expected, not all wealthy people are assholes they use wealth to make more so they can give more, that's what spirit expects of you
So does mine, but whilst he's not as bad fElon and the others and at least attempts some charity, he doesn't spread his wealth through the companies he owns... Or the way he treats them with extra benefits!
And expect more from this group (as well as much less from Larry Ellison, Elon Musk, Jeff Bezos, and the other Trump supporters who refuse to acknowledge they got rich on the work of others).
Also Soros donated a few bilion dollars for Romanian University education system, making it more effective and way more competitive than the previous one, the communist one which was based solely one nepotism.
Those others are using “philanthropy” as a way to protect their wealth and even grow it further. Some of them are doing some good, but that’s secondary.
Scott is actively dumping the Bezos money to get rid of it where it will do great things. This is the only way to be an ethical billionaire.
Your six philanthropists contributed at a rate of 30% of their net worth.
Now tax the other 750 billionaires in the US, at the same rate, and you have some serious change to fund research, medicare, education, etc., etc.
Warren Buffetts words. , if billionaires paid their fair share of taxes, the middle and lower class wouldn’t have to pay any . We need to know how he is preparing for this mess
Warren Buffet sold a lot of his shares prior to the US election, especially tech shares on the NASDAQ, and he moved his cash to US Treasury bills.
It was good timing - Musk has warned "markets will crash" as a reaction to him decimating US government spending
Warren Buffet will likely leave a huge philanthropic legacy when he passes away too. His rationale has always been that since he’s good at investing, why not keep at that.
That’s a show of low-ego. Not needing to be alive so he can get praise when the big wealth is distributed.
Education, combating diseases and poverty through various organizations, providing contraception and financing for women through the United Nations Population Fund.
I hate philanthropy. It’s like a king spending money for his pet projects. In a democracy you tax the rich and let the government, that the people voted for, decide what to spend the money for.
Where does Musk's name appear on this list of philanthropists? Let me guess. The richest man in the world, the man with the MOST to share, keeps everything for himself.
Here’s your trickle down effect that all you stupid fucking Trump sucking assholes voted for that ugly fucking piece of shit and y’all wonder why your wage isn’t going up
This clearly illustrates the insanity of the vast inequity & disconnection of these billionaire scumbags & every day, hard working people. One billionaire in particular, has the unmitigated gall to tell Americans that they're getting too much, so he'll have to slash their meager receipts. WTF???
#BoycottThemAll
#BoycottGOOGLE
😎 Google has currently released the PROTECTIONS they had on #AI
-For using it for #weapons #surveillance
and God knows what else!!!!!!
Yes and no. Most of those billionaires gave stock to foundations that they control, allowing them to maintain control of their companies while avoiding all manner of taxes.
Which isn't to say that those foundations don't do good work. It's simply to say it's not an entirely altruistic endeavor.
Exactly and that’s mostly what musk does. He hasn’t made his charitable contribution commitment for some years now. So he can’t pay his bills but we should let him pay ours
Thank you. I was about to say that. In a country where poverty is rampant, unhoused individuals are increasing, yet somehow the rich get richer there are NO ethical billionaires. No one “earns” a billion dollars. They get tax incentives and write offs for their “philanthropy”.
Don't be so hard on Musky . . he donated millions to the Turd to keep him out of prison, plus the services of his young group of hackers to help him win the election.
We are asking the @chiefs.bsky.social and @philadelphiaeagles.bsky.social to take a knee during the National Anthem to make a statement to the Felon in attendance, that we do NOT support his decapitation of the Gov and our rights and that Mysk must go. Footballers support a lot of kids charities.
Fragile of ego, fat of flesh, both. One frighteningly white with a body that has barely seen the sun the other unnaturally orange as if its never found shade.
Warren Buffet's money will be distributed in such a way that it optimises family harmony, rather than it maximising charitable impact. That's his prerogative, but millions of people will die needlessly because of that
🙏🙏🙏 praying one or two of them donate ARVs to help HIV patients worldwide. It's all I can think of. That medication has extended people's lives, allowing them to care for their families and live in dignity.
We could definitely use their generosity on saving our democracy, by supplying the the judges, and the courts with the manpower to enforce their orders.
Or at least fund groups, that strategize on how to successfully handle a coup by a fascist dictator and his co-president.
Yes, though in a year, Bill + Melinda Gates gave away $100 billion, comprised of 10 x $10 billion separate foundations. Also, Bill convinced his friend, Warren Buffet, to share his wealth during his lifetime. In 2010 Buffet began gifting his wealth.
It's still not enough. There should be no reason for a child to go to bed hungry or for someones only option is to sleep on the street. I am all for people being successful but can you really be a winner when you allow these things to happen.
They should each look up the tax code from 1960 and pay the top marginal tax like wealthy people did when America was out pacing the rest of the industrialized world, sending rockets to the moon & developing the intranet, stealth tech as well as building and maintaining our country’s infrastructure.
Where are the biggest billionaires and the 🍊 douchebag on the list. Oh yes some set up charities and steal from them and the richest one is presently robbing the US TREASURY to pay for his MARS junket. Think if Nepo baby just gave 1/2 his wealth to end problems how much better it could be.but alas
Bloomberg has been awfully quiet about the coup. Actually all these billionaires have been. Gated said a few words here and there but they’re all sitting back sipping lemonade
Comments
Perhaps the Nation can profile trump and musk next.
#FuckELONandtheFELON
What a slacker!
They made their fortunes from undemocratic workplaces with themselves as autocratic leaders so they're more likely to tolerate autocracy.
Billionaires existence is a sign of a broken system.
Fund The Lincoln Project to the teeth. Have them run adverts on a loop addressing how the mouth-breathers have been totally f*cked over.
Target the areas where violence is rife, let Charles Darwin take care of the clean up.
Not to knock their generosity but if they gave more away, they'd still be wealthier than 95% of the world.
It's a sad indictment of humanity that some have obscene wealth and yet hunger, homelessness, poverty, war and curable diseases are still rampant on earth.
They are more aligned with Musk than they are with you or me.
I'd be much happier if there were no billionaires and wealth was fairly distributed.
https://www.theguardian.com/society/2020/sep/08/how-philanthropy-benefits-the-super-rich
Fuck Trump,musk, Zuckerberg ,bald fuck and the rest
They get to pick where they donate.
So many things they could have used the money to eradicate.... but they didn't. Fuck them amd their time magazine cover bullshit!
But here's the thing: Why are we leaving it to people who no one ELECTED to decide which societal problems should be adequately funded? If they were taxed appropriately, our elected representatives would be making those decisions.
Steve Jobs.
He should NEVER be forgiven for that.
do they all
have in common - they are Democrats
The charity is then run to distribute the funds.
You would think three Musketeers would figure this out.
The best.
Scott is actively dumping the Bezos money to get rid of it where it will do great things. This is the only way to be an ethical billionaire.
are the BEST HUMANS IMPACTING the WORLD
for the POSITIVE WELFARE of OTHERS. 💗💚
Back than, wealth tax was 91% on anyone making over a million dollars, and 80% on those making over 100 million.
Tesla taxes for 5 years in a row 0%, and same with amazon.
Eat the rich.
Now tax the other 750 billionaires in the US, at the same rate, and you have some serious change to fund research, medicare, education, etc., etc.
It was good timing - Musk has warned "markets will crash" as a reaction to him decimating US government spending
https://1earthmedia.com/winter-is-coming-warren-buffet-prepares-for-bear-market/
That’s a show of low-ego. Not needing to be alive so he can get praise when the big wealth is distributed.
Let’s hope it’s tru
https://financebuzz.com/bill-gates-biggest-donations?msockid=27a1483e3de4613b1aa35b423cb2600a
https://www.investopedia.com/warren-buffett-makes-usd5-3b-annual-donation-to-five-charities-8671209
If the system wasn’t so broken & stacked there wouldn’t be starving kids at the mercy of bazillionaires.
They are using their resources to spread justice, health, freedom and the pursuit of happiness as far as they can reach
And here are the others . . .
💠 🧐 💠
It’s a sickness
#BoycottGOOGLE
😎 Google has currently released the PROTECTIONS they had on #AI
-For using it for #weapons #surveillance
and God knows what else!!!!!!
If you have so much wealth as these people do, then giving away the majority of it will still leave you with more than you could ever spend.
Be like George, give it away to make a better world.
Which isn't to say that those foundations don't do good work. It's simply to say it's not an entirely altruistic endeavor.
So the Turd not only owes Putin, but Musky too.
Stay Puff Marshmallow Man
Aren't they buying indulgence, for their peace of mind?
Or at least fund groups, that strategize on how to successfully handle a coup by a fascist dictator and his co-president.
https://ag.ny.gov/press-release/2019/donald-j-trump-pays-court-ordered-2-million-illegally-using-trump-foundation
Er ist die personifizierte Verkörperung eines Bösewichts aus einem 007 James Bond-Film."
Never celebrate a billionaire, people died to make them that rich.
They are scum and criminals, the whole lot of em.
Mackenzie Scott didn’t hurt anyone with the possible exception of Bezos
To date, Bill Gates gifted over $100 billion 🙏💙
Today 2 fully employed adults struggle to make ends meet and have nothing left for extras like a vacation or sending 1 kid to college.
How about taxing the rest who do not share? Oh, I hear the government want to give them more money.
But why? They do not need it!
As billionaires go she may actually get a pass
Plan B anyone