He isnt doing it for the tax break… like think about that logically if he normally spends 10m a year then he pays taxes on that 10m if he sells 100B of stock and donates it he doesn’t have to pay taxes on the amount he donates but still is out the 100B.

There are degrees of evil, a person who spits on a person is not as bad as someone who kills a person. A billionaire who feels bad as he ages and tries to give that money to charity is not as bad as someone using that money to fund Nazi groups.

Like I am not saying spitting on people is okay but to lump someone who spits on people with someone who kills a persons as “no better than the others” is wrong and if anything we should be encouraging more billionaires to donate their money as it’s at least better than them hoarding it

[–] ferric_carcinization@lemmy.ml 2 points 10 hours ago

Not sure about Gates in particular, but if you donate to your own charity, then funnel it back, you're not out of the complete 100B. You also get good PR out of it.