Hacker News new | ask | show | jobs
by gargs 2318 days ago
It is. Also, philanthropy is tax advantaged. It's the giving that keeps on giving back.
2 comments

This is rediculous and dripping with silicon valley "we're workers too" attitude. Employees, especially tech employees, have the luxury of being able to go elsewhere if they don't feel they're being adequately compensated. There is no comparison between helping poor african groups or donating to education and giving your employees, who agreed their wages were fair, a raise. Even if you don't like it, it's ultimately his money. This isn't the alms that could have kept the poor coders from having to endure hardahip. It's difficult to comprehend the mentality that could see the workers as the victims in this situation. They were paid the wages they were promised, is the argument that somehow he's a bad person for amassing more than them?
"Philanthropy is tax advantaged" just means that you don't have to pay tax on the money you donate. You don't keep any extra money for yourself.
Unless the philanthropy is run like a business with you as the investor/stakeholder.