Great article on how billionaire philanthropy is probably better than them paying taxes (especially on stuff like climate change):
slatestarcodex.com/2019/07/29/aga
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Well, taxation is theft. Billionaires can spend their money where they choose and I agree with you on this! I'm not a billionaire, but I certainly wouldn't want people telling me what to do if I were.
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Thanks.
This is a continuum question, not a binary question.
Where is the sweet spot for taxation? Additionally what areas benefit the most from direct charitable contributions?
Like, are charitable contributions to abstinence programs really helping anyone?
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The article is naive. Although I never understood the donation topics during my economic studies, but I think if the donation is properly regulated, then it could be favourable. Well at least this is what we do at the bank when one of our colleagues receive a gift.