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by MR4D
1899 days ago
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For people who downvoted me, I realize that this opinion is not popular. However, one of the ways rich people keep control of their wealth is through all sorts of trust. I highly recommend that people go Google “ charitable remainder trust” or GRATs and learn about them. When billionaires give to charity, they are almost always getting something huge in return. They get to sorts of positive press as well. I’m not arguing for or against any particular policy here, just that when billionaires ask for higher taxes, they’ve already gamed the system. It’s a way of looking good without actually doing good fat least, nowhere near as much as it looks). |
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