Quote:
Originally Posted by squiggs96
So a guy worked his whole life to amass a huge fortune, decides to gift most if it away, AND he wants a say in how its distributed? What jerk. He should just leave it on the curb and others should do with it how they like, without Mark having a say.
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Despite the hype it's highly questionable how much he's actually going to donate. At this point all he's doing is doing some investment restructuring for tax avoidance purposes. He's saying it's because he wants to do extensive charity work, but if that was the case, why not create an actual charity fund?
Heck, why bother with avoiding taxes at all? The guy is insanely rich, and the money keeps pouring in with no end in sight. It's not like he'd run out of money to donate even if he did pay taxes.
So when somebody does something that obviously benefits himself but isn't in any way necessary to do the vaguely described good things he says he's about to do, it's understandable that people are sceptical.
This is no Gates Foundation, which is an actual charity that has had numerous specific goals from the start.
Besides, paying taxes is vastly more important than charity for a safe, healthy and functioning society.