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Investment Strategies / Falling Knives
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Author: onepoorguy   😊 😞
Number: of 55841 
Subject: Re: Biden's billionaire tax rate fact checked
Date: 03/17/2024 4:18 PM
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No. of Recommendations: 5
Just playing Devil's Advocate:

The Gates Foundation does some amazing work. Gates sees charity as a series of problems to be solved, like an engineer would. So he is taking on sanitation and diseases, and from what I've read, he is solving problems and improving lives. Just as a "for example", he directed the development of a container that can keep medicine cold for days, so it can be transported into remote areas and still be effective. I forget now which vaccine he was trying to transport (polio?), but it had to be kept cold until delivery. His foundation solved that problem.

That doesn't mean that his vast wealth should not be taxed. But at least some foundations are doing real charitable work, and some consideration should be given to that.
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