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More than 30 US billionaires pledged today to give away at least 50 per cent of their wealth to charity as part of a campaign by investor Warren Buffett and Microsoft founder Bill Gates.
Originally posted by Stillalive
not even one nice comment,what happend to you people?
bill gates and other people want to give half theyr fortune to charity and you bash them,what will make you happy? to be the next hitler perhaps?
meanwhile you like buyng ipods and iphones feeding that 7 head snake steve jobs,yea worship him,i dont see him doing anything charitable. you should feel shame!
Originally posted by Come Clean
This don't sit well with me. Why are they giving away their money now? These elites seem to be afraid of something. Buffet wants to give away 99% of his money supposedly.
Originally posted by stirling
Yep. theyll set up a tax free foundation with it, and pay themselves a fantastic fee to administer it.
That way half of their fortune is retained in their control but not taxed.They can still control how the money is spent and channel it to their own corporations or companies in some way.
Instead of losing the money it just becomes untouchable by the goverment because now its a non profit foundation.
Originally posted by boondock-saint
did this story come with a link ???
I have no clue how giving money to charity
is gonna help society as a whole.
And Warren and Bill if you're reading this,
I surely could use $100K to buy me a new
double-wide and pay off my vehicle and get
some medical insurance and pay off
my bills. I could actually move out of this
camper and have a real working toilet and
a stove and a real fridge with an ice maker.
Never had one of those of my own (an ice maker).
Yes, some of us do live in poverty.
[edit on 5-8-2010 by boondock-saint]