this post was submitted on 10 Sep 2023
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Clever Comebacks
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I'm all for taxing the rich but the rest of this is just pure stupidity.
Like why did you cap how much he can give away at one time lol
Try to sell all your stocks at once if you own a big chunk of all available shares. The stock price would fall faster than you were able to sell your shares.
Bezos already engages in structured stock sell-offs worth vastly more than $10MM
I didn't cap anything. There are realistic limits to what you can give to charity. Give a charity that normally gets a few millions a billion and they won't be able to spend it in any normal way. Breeds corruption, etc.
Charity shouldn't even exist, as it is always this patch on holes left by governments. Tax the rich until they are "normal rich" and then use that money for projects that normally would require charity
Also, his wife actually had the exact same situation I just described. She spent millions over millions and once done she had more wealth than she started with
If only there were more than one charity, worldwide.
No.
If only governments would tax the rich properly they'd have enough money to put good social programs in place. We wouldn't need charity.
There will always be a use of some sort of charity until we live in a post-scarcity world.