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Re:HIV Is Reported Cured in a Second Patient by L_226 on Tuesday March 05, 2019 @07:43AM (#19310135)
> Any random billionaire is more likely to have a charitable foundation than not.

something something tax avoidance

Re:HIV Is Reported Cured in a Second Patient by AnthonyMouse on Tuesday March 05, 2019 @10:46AM (#19311254)
Donations to certain charities can be tax deductions, but once you give the money to the charity, it has to be used for charitable purposes or it's not tax avoidance, it's tax fraud. Having it be used for charitable purposes seems like the thing we should want to happen to it.

Moreover, most of the things traditionally thought of as tax avoidance don't involve charities at all and are more along the lines of warehousing wealth in offshore companies where it can collect interest at low/zero tax rates.