"billionaires have way too much money!"
>billionaire gives up his money
"nasty billionaire AVOIDS PAYING TAXES"
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Did he give away his money?
It seems like he gave the company to two trusts that he and his family fully control.
He still has the money, just with an extra layer of abstraction.
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These headlines where rich person greedily gives away $10 to save $3 is always mind boggling
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Both of these things can be true - Billionaires having too much money, and billionaires avoiding taxes
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What would the federal government have done with that $700 million? That’s what people complaining about corporate taxes should be asking themselves before working themselves into a lather.
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Just because the occasional billionaire does something good with their money doesn't mean it wouldn't be better in general to let society decide what goods we need rather than rely on the idiosyncratic decisions of the wealth horders to doll out charity
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If you have money, everybody will just hate you no matter what you do, so you might as well do what you want.
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