* Posts by ZekeStone

2 posts • joined 23 Sep 2013

Bill Gates again world's richest, tops in US for 20th straight year

ZekeStone
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Giving away his wealth? More like hiding/sheltering it.

"Gates, however, who has pledged to give away 95 per cent of his wealth to charity,"

Let's get one thing straight about these US-based 'charities'... they're little more than tax shelters that distribute a small portion of their money for charitable causes.

It's also a way to get friends and family cushy jobs for a high income at a reduced tax rate.

Charities like the Bill and Melinda Gates foundation are ALL about tax avoidance and very little about real charity.

ZekeStone

Re: still better at making it than giving it away

That's because like many of these "charities", he's only giving away the minimal amount so he can keep his "charity" tax shelter status.

It's all about tax shelters... that's all these charities are.

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