Sam Altman just vowed to donate most of his wealth through giving pledge

Re:Sam Altman just vowed to donate most of his wealth throug... by maxehmookau on Wednesday May 29, 2024 @06:05AM (#40510270)

Can we stop allowing the richest billionaires in societies decide who is and isn't deserving of philanthropic funds?

Fair taxation and properly funded services paid for by directly elected governments, please.

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Re:Sam Altman just vowed to donate most of his wealth throug... by Nasrudith on Wednesday May 29, 2024 @12:38PM (#40513894)

Alright then so when do we go from it being tax deductible to outright banning private charity as "undemocratic"?

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Re:Sam Altman just vowed to donate most of his wealth throug... by maxehmookau on Thursday May 30, 2024 @05:49AM (#40521849)

There's a huge difference between you or I donating a portion of our earnings to charity and reaping the tax benefits or a billionaire donating >50% of their wealth to causes that they decide and the outsized impact that can have.

The difference in the number of zeroes at the end of those figures is enormous and not comparable.

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