Re:Sam Altman just vowed to donate most of his wealth throug...
by belter on Wednesday May 29, 2024 @06:55AM
(#40510541)
The Giving Pledge exist for one reason and one reason only. To avoid the discussion of an immediate and real billionaire tax. It's just a tax optimization strategy. Why don't we all defer our taxes with a pledge a 99% tax donation to the IRS...after our deaths?
"When he made the pledge in 2010, his net worth was $53 billion. Ten years later, his net worth is $115 billion. Bill Gates is 64 years old, so at this rate, he'll be worth $250 billion or more by the time he's supposed to have given away at least half his wealth.
Same thing with Warren Buffett, only much worse. In 2010, his net worth was $39 billion; today, his net worth is $82 billion. Buffett is 90 years old, so if he's planning on giving away at least half his wealth, he'd damn better well get crackin'!"
https://www.inc.com/geoffrey-james/bill-gates-promised-to-gi... "Bill Gates Promised to Give Away His Wealth. Well, That Was BS":
"When he made the pledge in 2010, his net worth was $53 billion. Ten years later, his net worth is $115 billion. Bill Gates is 64 years old, so at this rate, he'll be worth $250 billion or more by the time he's supposed to have given away at least half his wealth.
Same thing with Warren Buffett, only much worse. In 2010, his net worth was $39 billion; today, his net worth is $82 billion. Buffett is 90 years old, so if he's planning on giving away at least half his wealth, he'd damn better well get crackin'!"