Feel free to republish and share widely. We want to encourage people to give to charity, plus money you give to charity isn’t being spent on personal enjoyment and consumption. A billionaire gives to charity in the United States. Retirement savings don’t get enjoyed immediately, plus we want to encourage people to save for retirement. I'd rather feed three people through taxpayer-funded federal food assistance programs than feed one person through charity. Our work is licensed under a Creative Commons Attribution-Share Alike 3.0 License. “Just as we don’t want an economy that produces billionaires, we don’t want a charity sector that creates billionaire-controlled foundations,” Collins concluded. As billionaires have seen their collective wealth increase by nearly $700 billion and ordinary Americans face increasing economic insecurity amid the Covid-19 pandemic, nonprofits in the U.S. that rely largely on charitable giving—increasingly from a small number of high-dollar donors—are struggling to … Instead, both billionaires are giving significant portions of their fortunes to charity to help those who need it most. We want them to pay their taxes Owen Jones in The Guardian Charity is a cold, grey loveless thing. There are billionaires that fund things that I think are helpful and beneficial to society, but philanthropy is not a substitute for a fair tax system. A lot of what we see around us is an altered discourse about what change is, and that trickles down. We want them to take less for every dollar. We have a lot of common things that we own together, and billionaires have been underpaying for them for some time, and they should pay more. We don’t want billionaires’ charity. If a rich man wants to help the poor, he should pay his taxes gladly, not dole out money at a whim.” It is a phrase commonly ascribed to Clement Attlee – the credit actually … Take note: 11 self-made millionaires reveal the book that helped them get rich . “Just as we don’t want an economy that produces billionaires, we don’t want a charity sector that creates billionaire-controlled foundations,” Collins concluded. "Just as we don't want an economy that produces billionaires, we don't want a charity sector that creates billionaire-controlled foundations," Collins concluded. Charity donations seem to fit into this model. “Just as we don’t want an economy that produces billionaires, we don’t want a charity sector that creates billionaire-controlled … 75¢ of that is lost tax revenue. This entry was posted in Doomsday scenarios , Economic fundamentals , Free markets and their discontents , Guest Post , Income disparity , Pandemic , Politics , … We don't want them to give back. Two billionaires explain why they think they know ... but they don’t want to give it up on any but their own terms. View the full piece at Common Dreams.
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