I can’t say how the tax avoidance strategies of the super-rich work in practice, but in any case, their feigned philanthropy is a key part of it.
Why would you waste $10 to save $5 in tax?
DandomRude@lemmy.world 10 months ago
null_dot@lemmy.dbzer0.com 10 months ago
It’s not.
This is a common misconception based on meme level reasoning.
I don’t know how this works but I know I don’t like billionaires.
DandomRude@lemmy.world 10 months ago
You need to be more specific. I’m not going to waste my time refuting your statement because I can’t even begin to imagine how you came up with that.
null_dot@lemmy.dbzer0.com 10 months ago
That makes two of us I guess.
You said that you don’t know how it works, I can’t really respond to that.
grrgyle@slrpnk.net 10 months ago
It’s the difference between spending money to have your will enacted, and having your money taken by the people, for use of the commons.
The latter is a very dangerous precedent to set. You don’t want the people feeling like they can have their will enacted.