You sweet summer child, Bill Gates has ALWAYS been a sociopath interested in only money and power.
His retirement and donating all his money to "charity" was only a smoke screen to preserve his wealth. He created his own charity (this is wealth preservation tactic used by ultra rich). And while it does some good, it's main purpose is to preserve his horde and whitewash his past so he's remembered as a good guy.
his own charity (this is wealth preservation tactic used by ultra rich).
I've never understood how this is supposed to work. If his money goes into the charity, it's not his anymore. Seriously, someone please explain?
The things they do daily (food, travel, clothes, haircuts, etc) are expenses of the charity because they work for them and are the "image" of it
Dump their money tax-free into a charity and then use it to fund themselves anyway
So a charity is like a tax free checking account?
Sorta, it's more like having your rich parents pay for everything but the "rich parents" is your employer, which is just the corporation you set up to run everything. They usually use a company credit card as their daily use card and leave it to AP to manage
The exact details are of course prickly as fuck but that's a really basic overview of the idea
Think of it this way...
You take all your money and you have a lawyer form a charity (no tax) that you control. The charity rakes in even more money and all they make (via investment) is tax free (or practically so)
Meanwhile, since you are employed by that charity, it pays for your mansions, trips, fancy foods, vacations, yachts, whatever you want... Basically it is like having a rich daddy that buys everything for you and you never have to worry about money
Calling someone a sociopath is an action that ought to be kind. It ought to engender sympathy and a desire to help. I don't want you to be kind to Bill Gates. He sucks, he doesn't deserve your kindness. Sociopath is Greek for "socially ill person". Bill Gates doesn't struggle with navigating society, he controls much of society. He's the opposite of socially ill. He inflicts social illness on other people. I want you to save the word sociopath for nice people who deserve kindness and sympathy. Bill Gates is an asshole.
You sweet summer child, Bill Gates has ALWAYS been a sociopath interested in only money and power.
His retirement and donating all his money to "charity" was only a smoke screen to preserve his wealth. He created his own charity (this is wealth preservation tactic used by ultra rich). And while it does some good, it's main purpose is to preserve his horde and whitewash his past so he's remembered as a good guy.
I've never understood how this is supposed to work. If his money goes into the charity, it's not his anymore. Seriously, someone please explain?
The things they do daily (food, travel, clothes, haircuts, etc) are expenses of the charity because they work for them and are the "image" of it
Dump their money tax-free into a charity and then use it to fund themselves anyway
So a charity is like a tax free checking account?
Sorta, it's more like having your rich parents pay for everything but the "rich parents" is your employer, which is just the corporation you set up to run everything. They usually use a company credit card as their daily use card and leave it to AP to manage
The exact details are of course prickly as fuck but that's a really basic overview of the idea
Think of it this way...
You take all your money and you have a lawyer form a charity (no tax) that you control. The charity rakes in even more money and all they make (via investment) is tax free (or practically so)
Meanwhile, since you are employed by that charity, it pays for your mansions, trips, fancy foods, vacations, yachts, whatever you want... Basically it is like having a rich daddy that buys everything for you and you never have to worry about money
https://youtu.be/0Cu6EbELZ6I
he explains well
Calling someone a sociopath is an action that ought to be kind. It ought to engender sympathy and a desire to help. I don't want you to be kind to Bill Gates. He sucks, he doesn't deserve your kindness. Sociopath is Greek for "socially ill person". Bill Gates doesn't struggle with navigating society, he controls much of society. He's the opposite of socially ill. He inflicts social illness on other people. I want you to save the word sociopath for nice people who deserve kindness and sympathy. Bill Gates is an asshole.