40 U.S. Billionaires Pledge Half Of Wealth To Charity
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I think its gonna piss the government off though, less taxes they can get.
www.seanbrady.net
So like, you'd rather give cash to guys on the street than donate to the Red Cross?
Some of these charities they give to, by the way, are charities that they have started to address the concerns that are important to them in ways that they think will be effective. Buffett & Gates each have their own foundations. And Buffett gave 70% of his wealth to the Gates Foundation, which has the ability to do such great things as eradicate certain diseases on a global scale. Seems better than giving to individuals, if you ask me. Plus, I'm sure they still do give to individuals.
I have to say, I'm super-impressed by all the great things some people are doing with their fortunes, and Buffett & Gates top my list. It always amazes me when people portray Buffett as some out-of-touch billionaire who gives nothing back to society.
Some of them are already doing it.
Warren Buffet did it in 06. He actually is worth more money now then he was before. He gave away like 25 billion or something and has made like 71 billion since.
http://money.cnn.com/2006/06/25/magazin ... 1.fortune/
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Yeah screw the Bill and Melinda Gates foundation right? Maybe you should actually read what these charities do before spouting off. The Gates foundation does help people on a person to person basis. I guess you would know that if you actually knew what they do.
http://www.gatesfoundation.org/Pages/home.aspx
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[Rude post removed by Admin]
Nice! Can't back up your point so you resort to name calling and childish remarks.
http://www.videojug.com/film/how-to-beh ... rnet-forum
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The estate tax is something that should land the people who wrote it in prison.
not to say its not a great thing they are doing.
I have sponsored many children over the last 15 years. I see it as my Karma account.
by doing good for others it is my hope that good will come to me.
this has of course happened with many of my PJ brothers and sisters.
Well that's cynical. You think Bill & Melinda Gates work so hard to improve the health of the world simply because they don't have a choice?
to say that they donate only to protect their money is absurd
if that is all they wanted to do they would write checks and be silent partners
But they don't do that, they are actively engaged in things educations, they want to make a difference
IMO they see the shortcomings of society and they are trying to illicit change
That is respectable, we could argue their motives, but I believe that they worked their work, made their money, retired at relatively young ages and they want to justify their riches by giving back... nothing wrong with that
I have always worked for not-for-profits and many of them survive on rich donors giving back... be it through one time donations or will in-trust.
Or should they just keep everything and let the government tax them 55% or more?
this is why you do it??? doing good in order to be rewarded isnt the way it works you know.
take a good look
this could be the day
hold my hand
lie beside me
i just need to say
I dont ask for reward . I said Karma . I send out good and good returns . Its the way I deal with the world.
we helped cause we could, later in our lives we have a child with health issues ,and the kindness- the generosity has blown my mind.
you said..
by doing good for others it is my hope that good will come to me.
sounds like a reward to me.
take a good look
this could be the day
hold my hand
lie beside me
i just need to say
Actually, I believe Warren Buffett has said his family can't have his money - now or when he dies.
and why should they??? ive never understood the expectation of inheritance.
take a good look
this could be the day
hold my hand
lie beside me
i just need to say
sounds like a reward to me.[/quote]
if the rewards having people be nice, to offer support and freindship, like recently after having talked to an australian PJ fan ( one of the aussie life wasted crew) she asked after my little one and found out that she has been sick for a while . a few days later a big ballooon arrangement turned up on the door from the aussie crew. how wonderful is that.
how wonderfully generous and beautifull is that.
when I sold My surfboard for charity ( Cystic Fibrosis) so many beautiful people from these boards did so much in moral support, in finacial support to the organisations who help support my daughter and those like her.
I managed to raise over $10,000 .and am so grateful to all who helped me reach that.
thats the karma I talk off. my reward
No profit for me, except happiness and knowledge that peolple are wonderful creatures
call it what you want.. reward.. hope that good will come to you.. its all just semantics but it means the same thing.
take a good look
this could be the day
hold my hand
lie beside me
i just need to say
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...are those who've helped us.
Right 'round the corner could be bigger than ourselves.
Especially not when those charitable actions are helping to lead the way in pretty important stuff like AIDS and Cancer research. Who cares about the obvious tax breaks if a sizable donation leads to the funding that finds the cure for cancer?
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Well, you know, sometimes a person's family actually helps them in life. And...well, while someone is off making a fortune they can often be neglecting things at home. So, it doesn't seem unreasonable to me for the family of someone to inherit that $. They aren't all douchebags.
There are more important things in the world than money. Even some people with money know that.
And we your family doesn't have to worry about $, they are free to focus on those more important things, no?
I think it's great that they are donating lots of money. But I never would hold it against someone to leave a bunch of $ for their kids/grandkids, etc.