| >In a long statement last week, Mr. Buffett defended himself by pointing to his long advocacy for a fairer taxation system, and then he immediately told on himself by undermining the very idea of taxes in the same letter. “I believe the money will be of more use to society if disbursed philanthropically than if it is used to slightly reduce an ever-increasing U.S. debt.” >In other words: I believe in higher income taxes on people like me, but I’m highly organized to avoid having income to report, and I don’t really believe in taxes because I think I should decide how these surplus resources are spent. I really don't like this slant. If somebody truly believes in taxes, they would pay taxes they don't need to pay? Nonsense. It assumes so much and paints charitable contributions as... malicious? Or at least it implicitly assumes that Buffett's billions aren't deserved (in whatever sense the author thinks it means to deserve something), and should be assumed to be the property of the public. Buffett's signed the Giving Pledge, and has given tremendous billions to charity, with many more billions to come. The charitable causes he supports aim to solve real problems that governments are often poorly suited to solve. Having a policy preference of a higher tax rate while minimizing the taxes you pay is not hypocrisy for either billionaires or middle class Joes. Seems to me that throwing Buffett under the bus is equivalent to saying... "we don't care if you try to help the world. If you're a billionaire, you're evil." If that sort of opinion becomes popular, good luck getting billionaires to give to charity when they're just gonna get yelled at for it. |
Perhaps Buffett doesn't have a singular genius for applying his wealth to charity. It's anti-democratic on its face to just surrender control of "what problems are solved" to a single person, regardless of the decision metric. Is it truly better for one person to control all of that on a whim? Even assuming the best of intentions, he may pick a disease charity based on a close association with a victim rather than any broad rational analysis. You're just hopping right on board with his unquestioned assertion "I'm better at picking," did you give that one any pause or just hopped right up to carry that water?
What are the problems that governments are 'often' poorly suited to solve? Would governments be more or less suited to deal with these issues if they hadn't been defunded to support the personal wealth and charitable whims of billionaires?