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Cake day: July 13th, 2023

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  • HauntedCupcake@lemmy.worldtoScience Memes@mander.xyzMalaria
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    8 months ago

    Fair, in this example Bill Gates isn’t exactly the best one to pick. And the clarification on the lobbying rules is definitely a valuable bit of information, so thank you for adding that.

    I was more trying to point out that the original comment wasn’t saying that the tax break “made money”. It’s all about shuffling it around to avoid taxes.

    At the end of the day, it allows Bill Gates (or other billionaires) to spend otherwise taxable income on whatever they deem important. Whether or not you agree with how they’re spending their money is irrelevant


  • HauntedCupcake@lemmy.worldtoScience Memes@mander.xyzMalaria
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    8 months ago

    The above post seemed to be saying that:

    1. Bill Gates pays less taxes as he donates to a charity

    2. Bill Gates runs that charity

    3. Bill Gates then gets to decide how that charity spends his donated money

    This then means that he can use what should have been tax to:

    1. Pay himself with the charities money, as he is an employee of the charity

    2. Lobby politicians using the charity’s money

    3. Otherwise direct the charity to work in his best interests

    Which part are you disagreeing with? I guess he doesn’t “make money” in the strictest sense, but it sure seems like he’s exploiting the system to keep more of it