Funny Events of the "Woke" world

Phoenixmgs

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Then don't ask speculative questions about specifically Australia's situation.



Before covid-19 ever existed, it couldn't be due to covid-19 policies, could it?

So: excess deaths can vary hugely independently of covid policies. Can't they?
I'm not. Why couldn't every countries public health have done the same as Australia? Or was it not Australia's public health policy that keep covid out of Australia in essence?

I linked to an article before covid and it explained the increase. What is the explanation for the increase for the period you're talking about?
 

Silvanus

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I'm not. Why couldn't every countries public health have done the same as Australia? Or was it not Australia's public health policy that keep covid out of Australia in essence?
"I'm not", he says, before immediately asking speculative questions about Australia's situation.

We weren't talking about Australia, stay on topic.

I linked to an article before covid and it explained the increase. What is the explanation for the increase for the period you're talking about?
Why does it matter? The fact that it fluctuates every year, often by thousands of deaths-- and has done long before covid-19 existed-- is all the proof we need that excess deaths depend on lots of factors completely unrelated to covid policies.

This whole "give me a specific explanation for other fluctuations in excess deaths" question is an irrelevant distraction i'm not entertaining. If fluctuations happen frequently regardless of covid, that tells us what we need to know.
 

Phoenixmgs

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"I'm not", he says, before immediately asking speculative questions about Australia's situation.

We weren't talking about Australia, stay on topic.



Why does it matter? The fact that it fluctuates every year, often by thousands of deaths-- and has done long before covid-19 existed-- is all the proof we need that excess deaths depend on lots of factors completely unrelated to covid policies.

This whole "give me a specific explanation for other fluctuations in excess deaths" question is an irrelevant distraction i'm not entertaining. If fluctuations happen frequently regardless of covid, that tells us what we need to know.
We're talking about what public can and can't do.

Because it could have literally been caused by covid polices... How have you proved that covid deaths is a better metric than excess deaths?
 

Silvanus

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We're talking about what public can and can't do.
OK? We're not talking about Australia.

Because it could have literally been caused by covid polices...
So, even though excess deaths fluctuated yearly by tens of thousands even before covid-19 existed, you still think its fair to attribute all excess deaths to covid policies?

Why do you think all those other causes and factors disappeared? Everything else stopped killing people?
 

Gergar12

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This guy is the most sane Trump supporter and I can disprove any of his facts. A few facts on economics is somewhat shaky but is still logical.
 

XsjadoBlaydette

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my holy charity to you is copy-pasting through the paywall. worship me if you must, just don't be weird or clingy about it.


Bill Gates Gives to the Rich (Including Himself)

Last fall, Netflix premiered a three-part documentary that promises viewers a rare look at the inner life of one of historyā€™s most controversial businessmen. Over three hours, Inside Billā€™s Brain shows us a rare emotional side to Bill Gates as he processes the loss of his mother and the death of his estranged best friend and Microsoft cofounder, Paul Allen.

Mostly, though, the film reinforces the image many of us already had of the ambitious technologist, insatiable brainiac, and heroic philanthropist. Inside Billā€™s Brain falls into a common trap: attempting to understand the worldā€™s second-richest human by interviewing people in his sphere of financial influence.

In the first episode, director Davis Guggenheim underlines Gatesā€™s expansive intellect by interviewing Bernie Noe, described as a friend of Gates.

ā€œThatā€™s a gift, to read 150 pages an hour,ā€ says Noe. ā€œIā€™m going to say itā€™s 90 percent retention. Kind of extraordinary.ā€

Guggenheim doesnā€™t tell audiences that Noe is the principal of Lakeside School, a private institution to which the Bill & Melinda Gates Foundation has given $80 million. The filmmaker also doesnā€™t mention the extraordinary conflict of interest this presents: The Gateses used their charitable foundation to enrich the private school their children attend, which charges students $35,000 a year.


Illustration by Jason Seiler.

The documentaryā€™s blind spots are all the more striking in light of the timing of its release, just as news was trickling out that Bill Gates met multiple times with convicted sex offender Jeffrey Epstein to discuss collaborating on charitable activities, from which Epstein stood to generate millions of dollars in management fees. Though the collaboration never materialized, it nonetheless illustrates the moral hazards surrounding the Gates Foundationā€™s $50 billion charitable enterprise, whose sprawling activities over the last two decades have been subject to remarkably little government oversight or public scrutiny.

While the efforts of fellow billionaire philanthropist Michael Bloomberg to use his wealth to win the presidency foundered amid intense media criticism, Gates has proved there is a far easier path to political power, one that allows unelected billionaires to shape public policy in ways that almost always generate favorable headlines: charity.

When Gates announced in 2008 that he would step away from Microsoft to focus his efforts on philanthropy, he described his intention to work with and through the private sector to deliver public-goods products and technologies, in the same way that Microsoftā€™s computer software expanded horizons and created economic opportunities. Describing his approach by turns as ā€œcreative capitalismā€ and ā€œcatalytic philanthropy,ā€ Gates oversaw a shift at his foundation to leverage ā€œall the tools of capitalismā€ to ā€œconnect the promise of philanthropy with the power of private enterprise.ā€

The result has been a new model of charity in which the most direct beneficiaries are sometimes not the worldā€™s poor but the worldā€™s wealthiest, in which the goal is not to help the needy but to help the rich help the needy.

Through an investigation of more than 19,000 charitable grants the Gates Foundation has made over the last two decades, The Nation has uncovered close to $2 billion in tax-deductible charitable donations to private companiesā€”including some of the largest businesses in the world, such as GlaxoSmithKline, Unilever, IBM, and NBC Universal Mediaā€”which are tasked with developing new drugs, improving sanitation in the developing world, developing financial products for Muslim consumers, and spreading the good news about this work.

The Gates Foundation even gave $2 million to Participant Media to promote Davis Guggenheimā€™s previous documentary film Waiting for Superman, which pushes one of the foundationā€™s signature charity efforts, charter schoolsā€”privately managed public schools. This charitable donation is a small part of the $250 million the foundation has given to media companies and other groups to influence the news.

ā€œItā€™s been a quite unprecedented development, the amount that the Gates Foundation is gifting to corporationsā€¦. I find that flabbergasting, frankly,ā€ says Linsey McGoey, a professor of sociology at the University of Essex and author of the book No Such Thing as a Free Gift. ā€œTheyā€™ve created one of the most problematic precedents in the history of foundation giving by essentially opening the door for corporations to see themselves as deserving charity claimants at a time when corporate profits are at an all-time high.ā€

McGoeyā€™s research has anecdotally highlighted charitable grants the Gates Foundation has made to private companies, such as a $19 million donation to a Mastercard affiliate in 2014 to ā€œincrease usage of digital financial products by poor adultsā€ in Kenya. The credit card giant had already articulated its keen business interest in cultivating new clients from the developing worldā€™s 2.5 billion unbanked people, McGoey says, so why did it need a wealthy philanthropist to subsidize its work? And why are Bill and Melinda Gates getting a tax break for this donation?

These questions seem especially pertinent in light of the fact that the donation to Mastercard may have delivered financial benefits to the Gates Foundation; at the time of the donation, in November 2014, the foundationā€™s endowment had substantial financial investments in Mastercard through its holdings in Warren Buffettā€™s investment company, Berkshire Hathaway. (Buffett himself has pledged $30 billion to the Gates Foundation. )

The Nation found close to $250 million in charitable grants from the Gates Foundation to companies in which the foundation holds corporate stocks and bonds: Merck, Novartis, GlaxoSmithKline, Vodafone, Sanofi, Ericsson, LG, Medtronic, Teva, and numerous start-upsā€”with the grants directed at projects like developing new drugs and health monitoring systems and creating mobile banking services.



A foundation giving a charitable grant to a company that it partly ownsā€”and stands to benefit from financiallyā€”would seem like an obvious conflict of interest, but judging from the sparse rules that Congress has written governing private foundations and the IRSā€™s light enforcement of them, many in the federal government do not appear to see it that way.

The Gates Foundation did not respond to specific questions about its work with the private sector, nor would it provide its own accounting of how much money it has given to for-profit companies, saying that ā€œmany grants are implemented through a mixture of non-profit and for-profit partners, making it difficult to evaluate exact spending.ā€

At business-friendly events, however, Bill Gates openly promotes his foundationā€™s work with companies. In speeches delivered at the American Enterprise Institute and Microsoft in 2013 and ā€˜14, he trumpeted the lives his foundation was savingā€”in one speech he said 10 million, in another 6 millionā€”through ā€œpartnerships with pharmaceutical companies.ā€

Yet the foundation is doing more than simply partnering with companies: It is subsidizing their research costs, opening up markets for their products, and bankrolling their bottom lines in ways that, by and large, have never been publicly examinedā€”even as you and I, dear reader, are subsidizing this work.



Bill Gates frequently boasts about having paid more taxesā€”$10 billionā€”than anyone else. That may or may not be true; the Gates Foundation would not release his tax forms or provide any substantiating information. But he may also end up avoiding more taxes than anyone else, through charitable giving.

By Bill and Melinda Gatesā€™s estimations, they have seen an 11 percent tax savings on their $36 billion in charitable donations through 2018, resulting in around $4 billion in avoided taxes. The foundation would not provide any documentation related to this number, and independent estimates from tax scholars like Ray Madoff, a law professor at Boston College, indicate that multibillionaires see tax savings of at least 40 percentā€”which, for Bill Gates, would amount to $14 billionā€”when you factor in the tax benefits that charity offers to the superrich: avoidance of capital gains taxes (normally 15 percent) and estate taxes (40 percent on everything over $11.58 million, which in Gatesā€™s case is a lot).

Madoff, like many tax experts, stresses that these billions of dollars in tax savings have to be seen as a public subsidyā€”money that otherwise would have gone to the US Treasury to help build bridges, do medical research, or close the funding gap at the IRS (which has resulted in fewer audits of billionaires). If Bill and Melinda Gates donā€™t pay their full freight in taxes, the public has to make up the difference or simply live in a world where governments do less and less (educating, vaccinating, and researching) and superrich philanthropists do more and more.

ā€œI think people often confuse what wealthy people are doing on their own dime and what [theyā€™re] doing on our dime, and thatā€™s one of the big problems about this debate,ā€ Madoff notes. ā€œPeople say, ā€˜Itā€™s the rich personā€™s money [to spend as they wish].ā€™ But when they get significant tax benefits, itā€™s also our money. And so thatā€™s why we need to have rules about how they spend our money.ā€

Naturally, Big Philanthropy has special interest groups pushing back on the creation of such rules. The Philanthropy Roundtable defends the wealthiest Americansā€™ ā€œfreedom to give,ā€ describing itself as fighting the ā€œincreasing pressures from some public officials and advocacy groups to subject private philanthropies to more uniform standards and stricter government regulation.ā€



The nonprofit group receives funding from influential right-wing billionaires, including hundreds of thousands of dollars from the private foundation of Charles Koch. And it gets substantial funding from the Gates Foundation: nine grants from 2005 to 2017, worth $2.5 million, mostly for general operating expenses. A spokesperson for the foundation says these donations are aimed at ā€œmobilizing voices to advocate for public policies that further enable charitable giving.ā€

At a certain point, however, the Philanthropy Roundtable seems primarily to serve the private interests of billionaires like the Gateses and Koch who use charity to influence public policy, with limited oversight and substantial public subsidies. Itā€™s unclear how the Philanthropy Roundtableā€™s work contributes to the Gates Foundationā€™s charitable missions ā€œto help all people live healthy, productive livesā€ and ā€œto empower the poorest in society so they can transform their lives.ā€

While there is no credible argument that Bill and Melinda Gates use charity primarily as a vehicle to enrich themselves or their foundation, it is difficult to ignore the occasions where their charitable activities seem to serve mainly private interests, including theirsā€”supporting the schools their children attend, the companies their foundation partly owns, and the special interest groups that defend wealthy Americansā€”while generating billions of dollars in tax savings.

Philanthropy has also delivered a public relations coup for Bill Gates, dramatically transforming his reputation as one of the most cutthroat CEOs to one of the most admired people on earth. And his model of charity, influence, and absolution is inspiring a new era of controversial tech billionaires like Mark Zuckerberg and Jeff Bezos, who have begun giving away their billions, sometimes working directly with Gates.

Gates was already one of the richest humans on earth in 2008, but he was also an embattled billionaire, still licking his wounds from a series of legal battles around the monopolistic business practices that made him so extravagantly wealthyā€”and that compelled Microsoft to pay billions of dollars in fines and settlements.

Gates did not respond to multiple requests for interviews, but in a recent Q&A with The Wall Street Journal, he revisited his legal face-off with antitrust regulators, saying, ā€œI can still explain to you why the government was completely wrong, but thatā€™s really old news at this point. For me personally, it did accelerate my move into that next phase, two to five years sooner, of shifting my focus over to the foundation.ā€

Gatesā€™s view of Microsoft as the victim of overzealous antitrust regulations may help explain the laissez-faire ethos driving his charitable giving. His foundation has given money to groups that push for industry-friendly government policies and regulation, including the Drug Information Association (directed by Big Pharma) and the International Life Sciences Institute (funded by Big Ag). He has also funded nonprofit think tanks and advocacy groups that want to limit the role of government or direct its resources toward helping business interests, like the American Enterprise Institute ($6.8 million), the American Farm Bureau Foundation ($300,000), the American Legislative Exchange Council ($220,000), and organizations associated with the US Chamber of Commerce ($15.5 million).

Between 2011 and 2014 the Gates Foundation gave roughly $100 million to InBloom, an educational technology initiative that dissolved in controversy around privacy issues and its collection of personal data and information about students. To Diane Ravitch, a professor of education at New York University, InBloom illustrates the way Gates is ā€œworking to push technology in classrooms, to replace teachers with computers.ā€

ā€œThat affects Microsoftā€™s bottom line,ā€ Ravitch observes. ā€œHowever, Iā€™ve never made that argumentā€¦. [The foundation] is not looking to make money from this business. They have an ideological interest in free markets.ā€

Education isnā€™t the only area where Gatesā€™s ideological interests overlap with his financial interests. Microsoftā€™s bottom line is heavily dependent on patent protections for its software, and the Gates Foundation has been a strong and consistent supporter of intellectual property rights, including for the pharmaceutical companies with which it works closely. These patent protections are widely criticized for making lifesaving drugs prohibitively expensive, particularly in the developing world.

ā€œHe uses his philanthropy to advance a pro-patent agenda on pharmaceutical drugs, even in countries that are really poor,ā€ says longtime Gates critic James Love, the director of the nonprofit Knowledge Ecology International. ā€œGates is sort of the right wing of the public-health movement. Heā€™s always trying to push things in a pro-corporate direction. Heā€™s a big defender of the big drug companies. Heā€™s undermining a lot of things that are really necessary to make drugs affordable to people that are really poor. Itā€™s weird because he gives so much money to [fight] poverty, and yet heā€™s the biggest obstacle on a lot of reforms.ā€



The Gates Foundationā€™s sprawling work with for-profit companies has created a welter of conflicts of interest, in which the foundation, its three trustees (Bill and Melinda Gates and Buffett), or their companies could be seen as financially benefiting from the groupā€™s charitable activities.

Buffettā€™s Berkshire Hathaway has billions of dollars in investments in companies that the foundation has helped over the years, including Mastercard and Coca-Cola. Bill Gates long sat on the board of directors at Berkshire, announcing his departure just last week, and he and his foundation together hold billions of dollars of equity stake in the investment firm.

The foundationā€™s work also appears to overlap with Microsoftā€™s, to which Gates, in recent years, has devoted one-third of his workweek. (Gates announced last week he would be stepping down from the companyā€™s board, but remain involved with the company as a technology advisor). The Gates Foundationā€™s $200 million program to improve public libraries partnered with Microsoft to donate the companyā€™s software, prompting criticism that the donations were aimed at ā€œseeding the marketā€ for Microsoft products and ā€œlubricating future sales.ā€ Elsewhere, Microsoft is investing money studying mosquitoes to help predict disease outbreaks, working with the same researchers as the foundation. Both projects involve creating sophisticated robots and traps to collect and analyze mosquitoes.

ā€œThe foundation and Microsoft are separate entities, and our work is wholly unrelated to Microsoft,ā€ a Gates Foundation spokesperson says.

In 2002, The Wall Street Journal reported that Gates and the Gates Foundationā€™s endowment made new investments in Cox Communications at the same time that Microsoft was in discussion with Cox about a variety of business deals. Tax experts raised questions about self-dealing, noting that foundations can lose their tax-exempt status if they are found to be using charity for personal gain. The IRS would not comment on whether it investigated, saying, ā€œFederal law prohibits us from discussing specific taxpayers or organizations.ā€



Gates is notoriously secretive about his personal investments, however, making it difficult to understand if he stands to gain financially from his foundationā€™s activities or the extent to which he does if this happens.

ā€œItā€™s hard to draw the line between a) Microsoft; b) his own personal wealth and investment; and c) the foundation,ā€ says consumer advocate Ralph Nader, one of Microsoftā€™s fiercest critics in the 1990s. ā€œThereā€™s been very inadequate media scrutiny of all that.ā€

The foundationā€™s clearest conflicts of interest may be the grants it gives to for-profit companies in which it holds investmentsā€”large corporations like Merck and Unilever. A foundation spokesperson said it tries to avoid this kind of financial conflict but that doing so is difficult because its investment and charitable arms are firewalled from one another to keep their activities strictly separate. Bill and Melinda Gates are trustees of both entities, however, making it difficult to draw a sharp line between the two.

And in some places, the Gates Foundation explicitly marries its investing and charitable activities. Gatesā€™s ā€œstrategic investment fund,ā€ which the foundation says is designed to advance its philanthropic goals, not to generate investment income, includes a $7 million equity stake in the start-up company AgBiome, whose other investors include the agrochemical companies Monsanto and Syngenta. The foundation also gave the company $20 million in charitable grants to develop pesticides for African farmers. Similarly, the foundation has a $50 million stake in Intarcia and an $8 million investment in Just Biotherapeutics, to which it gave $25 million and $32 million in charitable grants, respectively, for work related to HIV and malaria. At one point, the foundation held a 48 percent stake in an HIV diagnostic company called Zyomyx, to which it previously awarded millions of dollars in charitable grants.

Asked about these apparent conflicts of interest, the foundation says that grants and investments ā€œare simply two tools the foundation uses as appropriate to further its charitable objectives.ā€



When Gates began his foundation in 1994, he put his father, Bill Gates Sr., in charge. A prominent lawyer in Seattle, Gates Sr. was also a civic leader and, later, a public advocate on issues related to income inequality.

Working with Chuck Collins, an heir to the Oscar Mayer fortune who gave away much of his inheritance during his 20s, Gates Sr. helped organize a successful national campaign in the late 1990s and early 2000s to build political power around preserving the estate tax, the taxes levied against the assets of the wealthy after they die.

In interviews Gates Sr. gave at the time (he has Alzheimerā€™s disease now and was not contacted for an interview), his advocacy work seemed designed not to generate tax revenues but to inspire philanthropy.

ā€œA wealthy person has an absolute choice as to whether they pay the [estate] tax or whether they give their wealth to their university or their church or their foundation,ā€ he told journalist Bill Moyers.

Thatā€™s because when the rich give away their wealth, they reduce the assets that the estate tax targets. But such an arrangement, whereby the wealthiest Americans get to decide for themselves whether they want to pay taxes or donate their money to charityā€”including to groups that influence government policyā€”sounds like a peak example of tone-deaf privilege. In many respects, thatā€™s how the tax system works for the superrich.

ā€œThe richer you are, the more choice you have between those two,ā€ says Collins, who today works on income inequality at the nonprofit Institute for Policy Studies.

For some billionaire philanthropists, it may be less of a choice than an entitlement. Buffett and Gates have recruited hundreds of millionaires and billionaires to sign the Giving Pledge, a promise to donate most of their wealth to charity, which some signatories explicitly cite as an alternative to paying taxes.

According to Collins, Bill Gates Sr. had a nuanced view that included limiting billionairesā€™ tax benefits.

ā€œHe said to meā€¦itā€™s a problem that his son is going to giveā€”at the time, it was like $80 billionā€”to the foundation and never have to pay taxes on any of that wealth,ā€ Collins recalls. ā€œHis view was that there should be a cap on the lifetime amount of wealth that could be given to charity where you get a deduction.ā€

Around the time that Collins and Gates Sr. were putting pressure on Congress to make sure the wealthy pay their fair share of taxes, the younger Gates was running a multinational company aggressively looking for tax breaks. According to the assessorā€™s office for King County, which includes Seattle, Microsoft has filed 402 appeals on its property taxes. Likewise, a 2012 Senate investigation examined Microsoftā€™s aggressive use of offshore subsidiaries to save the company billions of dollars in taxes. And The Seattle Times reported that Microsoft spent decades creating lucrative, tax-reducing barriers around corporate profits.

Bill Gates, nevertheless, has managed to become a leadingā€”and seemingly progressiveā€”public voice on tax policy. Every year around tax time, he and Buffett make media appearances decrying how little they pay in taxes, calling on Congress to raise taxes on the wealthy. At times, however, they advocate policies that may not actually touch their wealth, such as promoting the estate tax, which they will likely avoid through charitable donations.

Gates, along with a growing chorus of billionaires, has also used his public platform to push back on a proposed wealth tax, supported by both Elizabeth Warren and Bernie Sanders. A wealth tax would take a percentage of a billionaireā€™s assets every year, limiting the accumulation of wealthā€”and possibly the amount of money spent on philanthropy. Gates counters that charity work reduces income inequality.

ā€œPhilanthropy done well not only produces direct benefits for society, it also reduces dynastic wealth,ā€ he wrote on his blog, GatesNotes.

When the Gates foundation has faced criticism in regard to its endowmentā€”including investments in prisons, fast food, the arms industry, pharmaceutical companies, and fossil fuelsā€”conflicting with its charitable mission to improve health and well-being, Gates has pushed back in black-and-white terms, calling divestment a ā€œfalse solutionā€ that will have ā€œzeroā€ impact.

The Gates Foundationā€™s investments are not an insignificant part of its charitable efforts. Its $50 billion endowment has generated $28.5 billion in investment income over the last five years. During the same period, the foundation has given away only $23.5 billion in charitable grants.

In 2007, in one of the few investigative journalism series ever published about the foundation, the Los Angeles Times profiled the foundationā€™s investments in mortgage lenders involved in subprime loans and for-profit hospitals accused of performing unneeded surgeries. The Times also noted the foundationā€™s investments in chocolate companies that depend on cocoa production using child labor.

The Gates Foundation spokesperson says it ā€œdoes not comment on specific investment decisions or holdings,ā€ but did note that the ā€œsole purposeā€ of its endowment is ā€œto provide income to support the Foundationā€™s mission and to be capable to do so over the long term.ā€

The Gates Foundationā€™s endowment currently has an $11.5 billion stake in Berkshire Hathaway, which in turn has $32 million invested in the chocolate company Mondelez, which has been criticized in relation to the use of child labor. The foundation made $32.5 million in charitable donations to the World Cocoa Foundation, an industry group whose members include Mondelez, for a project to improve farmer livelihoods. The project doesnā€™t appear to address child labor.

The tax reform act of 1969 created special rules to limit the influence that wealthy philanthropists could exercise through private foundationsā€”in theory ensuring they produce public benefits rather than serve private interests.

In practice, these rules give wealthy donors like Bill and Melinda Gates enormous latitude in their philanthropic activities. For example, when it comes to self-dealing, the IRS prohibits only the most egregious conflicts of interest, such as foundations awarding grants to companies controlled by board members. Likewise, IRS rules broadly allow charitable donations to for-profit companies, as long as the foundations keep paperwork showing that the money was used to advance their charitable missions.

But because the Gates Foundation views market-based solutions and private-sector innovation as public goods, the line between charity and business can be indistinguishable. Sociologist Linsey McGoey says, ā€œTheyā€™ve defined their charitable mission so broadly and loosely that literally any for-profit company could be said to be meeting the Gates Foundationā€™s general goal of improving social and global well-being.ā€

The IRSā€™s oversight of private foundations is constrained by recent budget cuts and its limited mandate to collect taxes from nonprofits like the Gates Foundation, which are largely free from paying them.

ā€œIf youā€™re the IRS commissioner and youā€™re given a finite sum to spend on the agency, and your job is to make sure the US Treasury has money in it, you are going to give a token nod to tax-exempt organizations,ā€ says Marc Owens, a former director of the IRSā€™s tax-exempt division who is now in private practice. ā€œOne [IRS] agent looking at restaurants in Washington or New York City is going to generate a lot of moneyā€¦. One agent looking at private foundations will probably pay their salary, but itā€™s not going to bring in tax dollars.ā€



According to IRS statistics, there are around 100,000 private foundations in the United States, housing close to $1 trillion in assets. However, foundations generally pay a tax rate of only 1 or 2 percent, and the IRS reports auditing, at most, 263 foundations in 2018.

State attorneys general can exercise oversight of private foundations, as the New York attorney generalā€™s office did in 2018 when it investigated Donald Trumpā€™s private foundation, which shut down amid allegations that he used it for his personal benefit. The Gates Foundationā€™s location in Seattle gives the state of Washington purview over its charitable work, but the state attorney generalā€™s office there says it did not have full-time staff dedicated to investigating charitable activities until 2014, a decade after the foundation became the largest philanthropy in the world. The Washington AGā€™s office would not comment on whether it has ever investigated the Gates Foundation.

Bill Gatesā€™s outsize charitable givingā€”$36 billion to dateā€”has created a blinding halo effect around his philanthropic work, as many of the institutions best placed to scrutinize his foundation are now funded by Gates, including academic think tanks that churn out uncritical reviews of its charitable efforts and news outlets that praise its giving or pass on investigating its influence.

In the absence of outside scrutiny, this private foundation has had far-reaching effects on public policy, pushing privately run charter schools into states where courts and voters have rejected them, using earmarked funds to direct the World Health Organization to work on the foundationā€™s global health agenda, and subsidizing Merckā€™s and Bayerā€™s entry into developing countries. Gates, who routinely appears on the Forbes list of the worldā€™s most powerful people, has proved that philanthropy can buy political influence.

Gatesā€™s personal wealth is greater today than ever before, around $100 billion, and at only 64 years of age, he may have decades left to donate this money, picking up a Nobel Prize along the way orā€”who knows?ā€”a presidential nomination. The same could be said of Melinda Gates, who, at 55, recently took a big step into public life with a highly publicized book tour.

But itā€™s also possible that a day of reckoning is coming for Big Philanthropy, Bill Gates, and the growing number of billionaires following his footsteps into charity.

Economists, politicians, and journalists continue to put a spotlight on billionaires who arenā€™t paying their fair share of taxes but who shape politics through campaign contributions and lobbying. Charity is seldom regarded as a tax-avoiding tool of influence, but if income inequality continues to gain attention, there is simply no way to avoid asking tough questions of Big Philanthropy. Do billionaire philanthropists have too much power, with too little public accountability or transparency? Should the wealthiest Americans have carte blanche to spend their wealth any way they want?

It may seem like a radical proposition to challenge the ability or desire of multibillionaires to give away their fortunes, but such scrutiny has a historical precedent in mainstream politics. One hundred years ago, when oil baron John D. Rockefeller asked Congress to provide him with a charter to start a private foundation, his ambitions were soundly rejected as an anti-democratic power grab. As Theodore Roosevelt said at the time, ā€œNo amount of charities in spending such fortunes can compensate in any way for the misconduct in acquiring them.ā€
 
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Gergar12

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No, she won't. She's got every TV News Show backing her.

Edit: "Ahead of his announcement at the town hall, the former governor was heard on a microphone -- apparently without realizing it -- that rival Nikki Haley was "gonna get smoked." Christie also said that Florida Gov. Ron DeSantis, another 2024 candidate, had called him and was "petrified." "
 

Phoenixmgs

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OK? We're not talking about Australia.



So, even though excess deaths fluctuated yearly by tens of thousands even before covid-19 existed, you still think its fair to attribute all excess deaths to covid policies?

Why do you think all those other causes and factors disappeared? Everything else stopped killing people?
Every country has public health policy.

And there's always reasons for said fluctuation. What is the reason this time?
 

Silvanus

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Every country has public health policy.
Indeed. Its probably worth talking about public health policy in general or about the situations in our countries, then.

And there's always reasons for said fluctuation. What is the reason this time?
The reason can be as general as... a colder winter. But as I said, the reason is irrelevant to the point being made.
 

Gergar12

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That doesn't seem to have translated to support in the polls. You expect her to beat Trump to the candidacy?
No, I expect her to cause trouble for Trump, maybe he gets arrested and they pick her.
 

Ag3ma

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No, I expect her to cause trouble for Trump, maybe he gets arrested and they pick her.
Interesting one.

There could in many cases be a tussle to be VP: persuade a candidate to back down and take their votes by making them VP. But Trump is so many miles ahead, it just doesn't matter, none of them have any leverage and Trump will pick whoever he damn well pleases - which I suspect won't be Haley or De Santis, because they had the temerity to run against him. He will want a fully abject crony.
 
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Gordon_4

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Reddit is full of morons, the popular opinion is an L take, and the unpopular opinion is based.
Parenthood can absolutely be rewarding, but its also stressful, expensive, frightening and exhausting. Given the cost of living increases, lack of secure and stable employment and a housing market that is quite frankly fucked, I don't blame anyone for not doing it. And even in ideal circumstances, its still one of the most difficult things the average person will do that doesn't require/have special training attached to it.
 

Zykon TheLich

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As Theodore Roosevelt said at the time, ā€œNo amount of charities in spending such fortunes can compensate in any way for the misconduct in acquiring them.ā€
I'm not generally in the habit of liking quotes from political figures, but that's a good one
 

Ag3ma

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And even in ideal circumstances, its still one of the most difficult things the average person will do that doesn't require/have special training attached to it.
Maybe it should have training.

The assumption is that like many social activities, it's picked up from our own parenting and others around us. But if our parents weren't and those around us maybe aren't very good at it. Or as the poem goes...

A Tory MP in my country recently got in hot water by saying a lot of the problems in his constituency were due to shit parents. Not, perhaps, a great way to win favour. At least if he said shit parenting, it might have softened the blow a little. But he's probably also largely right. I think we've all seen some parent screaming or angrily rebuking an out-of-control child to no effect whatsoever and felt that the omens can't be good for that child's future. Of course, we also have to accept that pressure, stress, poverty that the government could alleviate better is also likely to have a significant effect on parents' ability to cope with the demands of childcare.
 

Thaluikhain

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Of course, we also have to accept that pressure, stress, poverty that the government could alleviate better is also likely to have a significant effect on parents' ability to cope with the demands of childcare.
Not to mention that members of parliament might perhaps want to act like shining examples of what to be, instead of giving a template for entitled tantrum throwing children.