I had thought Bill Gates was trying to GIVE AWAY his huge fortune. But going out and continuing to compound it? What’s up with with that?
Fact: The Feral government could seize every penny of all the fortunes of every billionaire, and not be able to run the country for more than a few months or even weeks, before they shall have blown through it all. And that crop could only be harvested once.
Same if they seized the total value of wealth from any of the middle class and workers making LESS than $400,000, all the way down to $50,000/year. Again, that crop could only be harvested once.
By then, the goose that lays the golden eggs will be dead and butchered. Makes for a scanty feast.
He’s giving it away to his foundation. Which is a perpetual employment machine for his progeny. Tax Free, I might add, since it’s a charity.
Buffet’s giving Gates Foundation all his money too. Then these foundations become NGOs and screw as much of the world as possible. Tax Free!