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Bill Gates, Jeff Bezos and Sam Altman among billionaires investing in 'Freedom City' to be built on Greenland (www.uniladtech.com)
submitted 10 months ago by to c/aboringdystopia@lemmy.world
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[–] 19 points 10 months ago (5 children)

Maybe all the shitheads will move over there and the rest of us can get to work on clean night up the country. Although that would mean the poor Greenlanders being drowned out with shithead invaders, which is extremely unfair on them.

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  • [–] 41 points 10 months ago (3 children)

    Just shows that the idea that Bill Gates was one of the good ones was just PR. There are no good billionaires.

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  • [–] 15 points 10 months ago (2 children)

    Somebody said that the Bill and Melinda Gates Foundation is a way for him to funnel money to his children without paying taxes, and that the disease fighting stuff is just a side benefit.

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  • [–] 10 points 10 months ago*

    I mean, the thing is that a donation to philanthropy is tax deductible, so even if you control the charity 100%, it counts. Instead of paying taxes, you're just paying yourself. And once it's in that charity, you can use that money for any charitable cause, even if that cause benefits the non-charitable side of your portfolio. This means that you can

    • pay for your own PR
    • use the charity money to buy a bunch of medicine to eradicate some disease, while you have investments in the pharma company that will provide said medicine
    • donate to academia to steer research goals and then become a early investor in any spinoff companies that result from that
    • donate to a charity run by a politician/other rich person to curry favour

    It's not a coincidence he's become richer despite 'donating his wealth'.

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  • [–] 3 points 10 months ago

    it is 100% a tax-avoidance scheme, they occasionally spend that $ wisely...that $ would 100% be more effeciently spent if done via a properly coordinated/supported government effort.

    that being said...in the Land of the Free...considering how shit is run I 100% understand why so many of these people keep as much of their $ as possible out of the feds hands. the ratfucking doesn't stop when Dem's are running things, it's just slightly better hidden.

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