patrick.net

Does he mean, like, one of those 'circle back' charities where the money mysteriously comes back to him? It seems foundations and charities for these guys these days mean either eugenics murder, election interference, communist infiltration and riots, political bribes/lobbying, or child and human trafficking.

Buffet made a deal with Gates. Buffet was to be the richest man in the world for a day and in exchange he gives 1/2 his wealth to Gate's charity.

Well, for one day (the day the magazine did its tabulations for the world's richest) they manipulated the market and for that day Buffet was the richest person on earth.

Of course, the shares donated to charity I'm sure are just a tax scam, but whatever.

It just goes to show you. The cowards always bail out when you unveil your plans to eliminate 90 percent of the human race.

I can see Buffett being generous with his money and not wanting to be associated with evil causes.

Speaking of charity benevolence, the late Terence Kahn of Indianapolis passed all his estate on to charity

https://nypost.com/2023/12/09/news/frugal-indiana-man-leaves-13m-to-charity-but-names-none/

https://www.officialusa.com/names/Terence-Kahn/

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ad says

I can see Buffett being generous with his money and not wanting to be associated with evil causes.

Speaking of charity benevolence, the late Terence Kahn of Indianapolis passed all his estate on to charity

https://nypost.com/2023/12/09/news/frugal-indiana-man-leaves-13m-to-charity-but-names-none/

https://www.officialusa.com/names/Terence-Kahn/

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I'm hesitant of all charity at this point. I've seen the inner workings of enough local/regional ones to know it's bull shit. I have friends and acquaintances but literally probably trust less than 10 people on this planet. Everyone is a liar to some extent, you just don't know it. It's no different with charity organizations that get large sums of money.

Buffett is a con. You just don't know it yet. We all know Gates is. Run a business and watch the rats come out of the woodwork and try to take your gains. I see it happen all the time. Charity is no different. It's a con to enrich friends and get them out of your hair and make you seem like you're a good person. Jealous people are parasites and that's 99% of the population whether anyone likes to hear that or believe it.

The reason Buffet and other mega rich give to "charity" or a foundation is simple; they know that Uncle Sam will take 40% of what is left, and they prefer to have control over their money to the very end.

Their priority is not really charity, rather having control over their money.

I see what you all are saying.

They give money to their close friends via these "big charities".

These "big charities" employ the family members and friends of their close friends and/or gives money to smaller charities which benefit the family members and friends of their close friends.

I see a lot of these "big charities" or foundations as a jobs program for the politically connected.

By the way, donations to universities and colleges are tax deductible.

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Buffet by the way is constantly lobbying Congress to not eliminate the estate (death) tax.

One reason might be insurance companies Buffet has benefit from the death tax; rich people buy life insurance to minimize it.

Hmmm, maybe we should all open our own little "charities"...

RWSGFY says

Hmmm, maybe we should all open our own little "charities"...

That's what the wealthy do. Easy way to escape taxes and hand it down to people you want to have it. Minimal to do with philanthropy. Many times it's used to cover up illicit behavior.

I don't think all humans are evil, but most are whether you like it or not.