• novibe@lemmy.ml
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    2 days ago

    He is “donating” to his own charity, where he won’t have to pay a dime in taxes as his children inherit the foundation… it’s a tax and financial trick, don’t be fooled by it. Gates is not our friend.

    • lennybird@lemmy.world
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      2 days ago

      Even if he donated to other charities, it still wouldn’t be taxed, because the incentive is indeed to donate to charities in the first place. If I was him, I’d do the same because at least I could better track how the money got spent.

      Can you show me a dime of that $100 billion already allocated that went to things like improving health systems in Africa, and fighting things like Malaria, AIDS, and Tuberculosis that instead went back to himself or his kids?

      • novibe@lemmy.ml
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        2 days ago

        The Gates Foundation was expelled from India after they were found to be making women infertile without their knowledge.