I'm so fucking sick of all these billionaires "pledging" their fortunes. "I promise to donate all my wealth when I die" then fucking do it you cowards, die already.
They donate their wealth to avoid taxes. Basically their families control the foundations, they donate and avoid a whole shit ton of taxes their next of kin get the money from the foundation.
They give away all their money so they don't have to give away some of their money. Then they commit crimes so their kids can... have the money they gave away to not give away.
I'm so fucking sick of all these billionaires "pledging" their fortunes. "I promise to donate all my wealth when I die" then fucking do it you cowards, die already.
They donate their wealth to avoid taxes. Basically their families control the foundations, they donate and avoid a whole shit ton of taxes their next of kin get the money from the foundation.
Adam Conover did a video on it.
They give away all their money so they don't have to give away some of their money. Then they commit crimes so their kids can... have the money they gave away to not give away.
What a take lol
Let's not forget, that while they "pLeDgE", they are also literally fucking their workers at the same time and expect that it all cancels out...
Yeah, i pledge to fix all that shit i fucked up...
Was just gonna say its always some vague cause instead of an actual concrete thing they're donating to.