Today's Tea: ) ) ) ) ) ( ) ) ) ( _(___(____)____(___(__) __ \billionaire philanthropy/ \ is PR designed to / | \ distract from their /__| \ tax avoidance / \_______________/ #TaxBillionaires
@QasimRashid The robber barons of America past left museums, colleges and other things that impacted our culture. Now a day, it's Super yacht and trips in space... What a difference a decade makes when greed is good..
@QasimRashid "No one loves giving their hard-earned money to the government. But the system works only as long as it’s perceived to be fair. Our analysis of tax data for the 25 richest Americans quantifies just how unfair the system has become." #TaxTheRich x.com/zhizhuweb/stat…
@QasimRashid "No one loves giving their hard-earned money to the government. But the system works only as long as it’s perceived to be fair. Our analysis of tax data for the 25 richest Americans quantifies just how unfair the system has become." #TaxTheRich x.com/zhizhuweb/stat…
@QasimRashid if I may add an extra serving; ) ) ) ) ) ( ) ) ) ( _(___(____)____(___(__) __ \ billionaire philanthropy / \ is when whoever has / | \ the most money /__| \ gets to engineer / \____society ___/
@QasimRashid @alteregoliz True. Also, from straight up hiding their money in overseas banks to avoid reporting it. So working people like you and me have to pay up.
@QasimRashid Actually, it's worse. Billionaire "philanthropy" is also a tax scam. 50% can come back as a tax credit immediately, 95% can remain hoarded in a private foundation each year, and 100% can be used to fund their family's "admin. fees" and private projects for political power / ego.
@QasimRashid Its also a way for the wealthy and powerful to wield very real power over us. Its a tool to build generational wealth giving us what can only be called an American aristocracy. Yet we could have a world where no one is in want. At this point it is the charity of a hostage taker.