Re:Patagonia founder gives away the company
by warkdarrior on Wednesday September 14, 2022 @06:26PM
(#32844272)
So your suggestion is to have governments collect more inheritance taxes on a billionaire's estate. Then those taxes will be used for military purposes, no?
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Re:Patagonia founder gives away the company
by notakio on Thursday September 15, 2022 @08:30AM
(#32850776)
Ironically, some of that military money would go back to Patagonia, through their discretely-held control of the current PCU contract, under which they provide a government-spec'd 7-layer uniform system to special operations units. They haven't always held the contract, and may not hold it in the future, but I always found that fact about Patagonia's business somewhat interesting, mainly due to the public obfuscation, and the perceived distance between the particular product, and Patagonia's "brand identity".
Now I need to go wash the fact that I just used "brand identity" in a sentence off my hands.
Re:Patagonia founder gives away the company
by bergenty on Wednesday September 14, 2022 @07:35PM
(#32844961)
And other things but yes. You’ve contributed a lot in life, you still get to keep say 700 million but the next generation needs to prove themselves again (not that they need to with 700 million but it’s a start)