WeAreStarStuff
Member
People keep asking where he got the money from. The article details how much he made while he was in office....
Wealthy person makes meager donation of wealth to charitable causes. (charity donations are a tax writeoff, just FYI)
In a just society, charities would largely not exist.
Yeah and? It's not a just society and never has been so good on him for donating when he didn't have to.
On the surface, Facebook founder Mark Zuckerberg's announcement that he's donating 99 percent — roughly $45 billion — of his Facebook stock to philanthropy seems genuine. Other notable billionaires, like Warren Buffett and Bill Gates, have made similar pledges to donate a large bulk of their net worth to charitable causes. However, this is actually just a clever ruse that allows these billionaires to get out of paying taxes on their enormous sums of wealth.
The wealthy don't donate to charity to do good. They do it to get around taxes. A great example was the recent Zuckerberg/Facebook charity scheme.
https://www.nytimes.com/2015/12/04/...-mark-zuckerbergs-altruism-helps-himself.html
The wealthy don't donate to charity to do good. They do it to get around taxes. A great example was the recent Zuckerberg/Facebook charity scheme.
https://www.nytimes.com/2015/12/04/...-mark-zuckerbergs-altruism-helps-himself.html
The wealthy don't donate to charity to do good. They do it to get around taxes. A great example was the recent Zuckerberg/Facebook charity scheme.
https://www.nytimes.com/2015/12/04/...-mark-zuckerbergs-altruism-helps-himself.html
The wealthy don't donate to charity to do good. They do it to get around taxes. A great example was the recent Zuckerberg/Facebook charity scheme.
https://www.nytimes.com/2015/12/04/...-mark-zuckerbergs-altruism-helps-himself.html
In a just society, petty comments like this wouldn't exist either.Wealthy person makes meager donation of wealth to charitable causes. (charity donations are a tax writeoff, just FYI)
In a just society, charities would largely not exist.
Wealthy person makes meager donation of wealth to charitable causes. (charity donations are a tax writeoff, just FYI)
In a just society, charities would largely not exist.
I really hate it when people benefit from doing good.
So he did a good thing and got a tax break. The horror! The injustice!
The wealthy don't donate to charity to do good. They do it to get around taxes. A great example was the recent Zuckerberg/Facebook charity scheme.
https://www.nytimes.com/2015/12/04/...-mark-zuckerbergs-altruism-helps-himself.html
People keep asking where he got the money from. The article details how much he made while he was in office....
That's roughly 350 trillion in Trump dollars.
In a just society, petty comments like this wouldn't exist either.
You guys don't get the bigger picture: charity being tax-deductible actively hurts you since no taxes are collected on the 'philanthropists' meaning your share of the load becomes bigger and theirs becomes smaller, while being able to proclaim being 'decent' which generally speaking is far from reality. Example: GOP philanthropists.
Additionally, charity pales in comparison to the only entity worth a damn: the state. Charity is a sham when people don't vote for a better world through the only thing that make that happen. A Lucas or Buffet donating billions is a trinket compared to the yearly amount the state wields to make stuff happen. Those 'donations' literally mean nothing compared the state level.
It also doesn't mean much when the 'charities' are stuff like anti-abortion, men's rights, anti-science organizations (and yes, those are real) and other obvious evil goals counts as 'charitable'.
Of course, this has little to do with the topic here, but personally I think charity should be a personal moral choice, and grant no tax deductions at all. It's one of those Christian-thought relics that sound good, but don't actually do what was intended.
You guys don't get the bigger picture: charity being tax-deductible actively hurts you since no taxes are collected on the 'philanthropists' meaning your share of the load becomes bigger and theirs becomes smaller, while being able to proclaim being 'decent' which generally speaking is far from reality. Example: GOP philanthropists.
Additionally, charity pales in comparison to the only entity worth a damn: the state. Charity is a sham when people don't vote for a better world through the only thing that can make that happen. A Lucas or Buffet donating billions is a trinket compared to the yearly amount the state wields to make stuff happen. Those 'donations' literally mean nothing compared the state level.
It also doesn't mean much when the 'charities' are stuff like anti-abortion, men's rights, anti-science organizations (and yes, those are real) and other obvious evil goals counts as 'charitable'.
Of course, this has little to do with the topic here, but personally I think charity should be a personal moral choice, and grant no tax deductions at all. It's one of those Christian-thought relics that sound good, but don't actually do what was intended.
You guys don't get the bigger picture: charity being tax-deductible actively hurts you since no taxes are collected on the 'philanthropists' meaning your share of the load becomes bigger and theirs becomes smaller, while being able to proclaim being 'decent' which generally speaking is far from reality. Example: GOP philanthropists.
Additionally, charity pales in comparison to the only entity worth a damn: the state. Charity is a sham when people don't vote for a better world through the only thing that make that happen. A Lucas or Buffet donating billions is a trinket compared to the yearly amount the state wields to make stuff happen. Those 'donations' literally mean nothing compared the state level.
It also doesn't mean much when the 'charities' are stuff like anti-abortion, men's rights, anti-science organizations (and yes, those are real) and other obvious evil goals counts as 'charitable'.
Of course, this has little to do with the topic here, but personally I think charity should be a personal moral choice, and grant no tax deductions at all. It's one of those Christian-thought relics that sound good, but don't actually do what was intended.
So you're just trying to be contrarian because you aren't a fan of donations? You're right, what you said has little to do with the conversation at hand.
Edit: I'll add Obama is nowhere in the same league in terms of wealth as guys like Buffet and Zuckerberg, not anywhere close so his donation is pretty impressive all things considered. Also getting a tax right off on such a sum or even larger ones isn't a big issue to me when most multi millionaires and billionaires are funneling money out the country to begin with and hardly paying what they owe in the first place.
So you're just trying to be contrarian because you aren't a fan of donations? You're right, what you said has little to do with the conversation at hand.
Edit: I'll add Obama is nowhere in the same league in terms of wealth as guys like Buffet and Zuckerberg, not anywhere close so his donation is pretty impressive all things considered. Also getting a tax right off on such a sum or even larger ones isn't a big issue to me when most multi millionaires and billionaires are funneling money out the country to begin with and hardly paying what they owe in the first place.
He was president of the united states. A little hard to argue that Obama wasn't deeply invested in the state.
I disagree with the last part, a thread worshipping a former President who waged an illegal drone war on the Middle East killing untold innocent people, including an American citizen executed without trial via Hellfire missile, for doing what all wealthy people do is always in need a of a reality check.
That's a really fucking confusing pie chart.
Basically this. It takes away money from the state to provide for public institutions such as education and other civil services, and because what qualifies as a "charity" is so wishy-washy (ridiculous salaries for administrators, lavish benefits, etc) while they hardly make a dent in actually solving many problems they're tasked with, perpetuates a rather toxic sham.
I disagree with the last part, a thread worshipping a former President who waged an illegal drone war on the Middle East killing untold innocent people, including an American citizen executed without trial via Hellfire missile, for doing what all wealthy people do is always in need a of a reality check.
Where did he get the money?
The next book obama writes is going to be incredible.
Yes lets bring up his drone program because that has to do with his donations?
Titled "Miss me?"
But these people still pay taxes, so what is the problem?You guys don't get the bigger picture: charity being tax-deductible actively hurts you since no taxes are collected on the 'philanthropists' meaning your share of the load becomes bigger and theirs becomes smaller, while being able to proclaim being 'decent' which generally speaking is far from reality. Example: GOP philanthropists.
Additionally, charity pales in comparison to the only entity worth a damn: the state. Charity is a sham when people don't vote for a better world through the only thing that can make that happen. A Lucas or Buffet donating billions is a trinket compared to the yearly amount the state wields to make stuff happen. Those 'donations' literally mean nothing compared the state level.
It also doesn't mean much when the 'charities' are stuff like anti-abortion, men's rights, anti-science organizations (and yes, those are real) and other obvious evil goals counts as 'charitable'.
Of course, this has little to do with the topic here, but personally I think charity should be a personal moral choice, and grant no tax deductions at all. It's one of those Christian-thought relics that sound good, but don't actually do what was intended.
Stuff
Uh huh. Well glad to know you really don't like Obama. Moving on to the topic at hand.
Jeeves pretending to give a fuck about black America is some wild shit
This is the topic at hand. A rich and powerful person's charity donations and what they mean beyond surface level "oh isn't he so great" analysis.
Jeeves pretending to give a fuck about black America is some wild shit
Basically this. It takes away money from the state to provide for public institutions such as education and other civil services, and because what qualifies as a "charity" is so wishy-washy (ridiculous salaries for administrators, lavish benefits, etc) while they hardly make a dent in actually solving many problems they're tasked with, perpetuates a rather toxic sham.
I disagree with the last part, a thread worshipping a former President who waged an illegal drone war on the Middle East killing untold innocent people, including an American citizen executed without trial via Hellfire missile, for doing what all wealthy people do is always in need a of a reality check.
Uh huh. So you really really don't like Obama. Once again, moving to the topic at hand.
So I'm clear on what you're saying, the argument you're making here is that charitable giving is wrong because it deprives the state of money (because charitable giving is tax-deductible) and gives it to organizations that don't use that money for good as effectively as does the state, which instead of spending on something as awful as "ridiculous salaries for administrators" instead funds "an illegal drone war on the Middle East killing untold innocent people"?
You do you, but I feel like this is not very persuasive absent an attempt to argue that the particular charities someone is giving to are doing worse than the state.
"Obama Donated Over $1 Million To Charity As President."
This is the topic. This is what I am talking about and breaking down in critical analysis. I am sorry you cannot handle someone being critical of a rich and powerful person.
What's that in Bison Dollars?
Guys, Jeeves always brings up the drones in every thread.
It's just gonna keep coming up with him. The Black Americans and housing market stuff is new from him though.
He should start a table salt company (minimal supply costs I would guess), expand rapidly, ?, and profit. Then pay a greater than fair share of taxes because the state is much more frugal and discretionary in spending than charities. Especially in a just society, where no back room deals/kick backs or corruption exists. That will serve as a shining example to the rest of us who are apparently letting the good get in the way of absolute perfection.Guys, Jeeves always brings up the drones in every thread.
It's just gonna keep coming up with him. The Black Americans and housing market stuff is new from him though.
Obviously; he gives a massive fuck, BLMI'm sure the candidate he voted for shows concern for black America though
Donating to charity doesn't undo the awful he's done, and because he gets a tax writeoff, he is redirecting tax from the state to organizations that have zero incentive to actually accomplish their mission (poverty, disease, etc.) while many use this money to give their top staffers large paychecks and lavish benefits.
The biggest recipient was the Fisher House Foundation, ... Obama pledged to donate all of his post-tax proceeds from the book to the Fisher House Foundation to support a scholarship fund for children of wounded and fallen soldiers.
Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers) 91.7%
Administrative Expenses 4.4%
Guys, Jeeves always brings up the drones in every thread.
Mr.Shrugglesツ;229909280 said:
The argument I'm making is that the wealthy's method of charitable giving is wrong because it allows them to not pay their fair share in taxes to a system they disproportionately benefit from, shifting the burden onto those without that wealth and benefit - some even hurt by this very state - and gives it to organizations who are not held to a critical standard due to the ease of how one can acquire and maintain "charity" status. It is an inherently corrupt system that rewards the wealthy and powerful. It is also a PR move to manage public opinion, allowing people to ignore moral failings such as said illegal drone war on the Middle East as detailed here: https://theintercept.com/drone-papers/the-assassination-complex/
The core of the problem here is the fact that simply giving to charity is not an inherently good or just action, as common liberal platitudes would simply assume.
Ah. Okay, so you're retracting the original objection?Great. Now if only he did something about America's rampant militarism. We're still in Iraq and Afghanistan, just FYI - without exact numbers as to how many: http://www.alternet.org/world/how-many-us-troops-are-iraq-and-syria-pentagon-wont-say
The Hillary Clinton net worth total of $31.3 million comes from analyzing her Public Financial Disclosure Reports. Bill Clinton has an estimated net worth of $80 million. That gives a combined Bill and Hillary Clinton net worth of $111 million dollars.
President Obama has an estimated net worth of $7 million dollars.
Michelle's net worth is estimated at $11.8 million.
G W Bush was valued at $20 million after having made $7 million off his 2010 book Decision Points and $15 million in speeches.
Without question, John F. Kennedy was the wealthiest U.S. president ever to serve, with a net worth of up to $1 billion.
*record-scratch*
Now this is a story all about how
the Catholic Church got flipped-turned upside down
And I'd like to take a minute
Just sit right there
I'll tell you how Martin Luther became the Professor of a class called Biblical Studies
In the Vatican born and raised
On the nave was where the monk spent most of his days
Chillin' out maxin' relaxin' all cool
And all hearing some confessions inside of the pew
When a couple of lords who were up to no good
Started making trouble in the neighborhood
He got in one little fight and the Archbishop got scared
He said, "You're collectin'' indulgences from the oligarchs who unjustly rule over a feudal society as forgiveness for their sins so they can be perceived by the serfdom as good and just in a brutal and unforgiving world they benefit from," which is what's going on in this thread. From the drone strikes to the failed policies of incrementalism in a crumbling society that lead to a reality gameshow rapist becoming his successor, Obama was a terrible President. Donating to charity doesn't undo the awful he's done, and because he gets a tax writeoff, he is redirecting tax from the state to organizations that have zero incentive to actually accomplish their mission (poverty, disease, etc.) while many use this money to give their top staffers large paychecks and lavish benefits.