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To: Jonty30

Your theory is groundless. Gates has donated $45 billion to charity over the years.


12 posted on 05/21/2023 5:01:51 PM PDT by lasereye ( )
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To: lasereye

No he hasn’t. Foundations serve a purpose to keep wealth from being taxed. Bill Gates started up a foundation and gave 5% of the earnings to other foundations and took a tax deduction from that. Those other Foundations, in turn, gave to Bill Gates and took a tax deduction on that. It’s a circle.

It’s a tax-free way to grow wealth, with the only real time that they will pay tax is when they close the Foundation, which likely will never happen.


16 posted on 05/21/2023 5:06:50 PM PDT by Jonty30 (If liberals were truth tellers, they'd call themselves literals. )
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To: lasereye

You actually BELIEVE he has given up $45 BILLION to charity?? I have a BRIDGE to sell you.


18 posted on 05/21/2023 5:11:22 PM PDT by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: lasereye

He donated the money to his foundation and then used it make investments in Big Pharma to do what he wanted. Read Bob Kennedy’s book on this.


29 posted on 05/21/2023 5:49:45 PM PDT by Captain Peter Blood
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