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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Jamie153 who wrote (1293866)2/25/2021 8:29:27 PM
From: Maple MAGA 3 Recommendations

Recommended By
FJB
IC720
Mick Mørmøny

  Read Replies (1) | Respond to of 1583550
 
Billionaire Charitable Giving A "Capitalist PR Scam", Says CEO Who Slashed His Own Pay By $1 Million

BY TYLER DURDEN

THURSDAY, FEB 25, 2021 - 16:40

The CEO of credit-card processing company Gravity Payments, Dan Price, has not only cut his own pay by $1 million and raised his employees minimum salary to $70,000 per year, but he's also blowing the whistle on "charitable" giving by billionaires.

Billionaire philanthropy is "one of capitalism's biggest PR scams", Price proclaimed, according to the Daily Mail. He noted that the average billionaire donates only 1% of their worth to charity each year. Another estimate from Giving USA has put that number closer to 2%.

Bumble CEO: We Made the Right Decision in Going Public

His comments come in the midst of supporting a bill that would increase taxes on wealthy business owners like him. HB 1406 proposes a net worth tax that would apply a 1% levy to anyone with a net worth over $1 billion. Price thinks the bill could help the state's budget shortfalls and correct a broken tax system where low income households pay too much.

Charitable giving "helps them avoid having to face steeper bills," 36 year old Price said. Price became a millionaire at the age of 31.

"The average billionaire donates 1% of their fortune to charity yearly - less than non-billionaires. But when you donate $200 you don't get glowing articles, a hospital named after you and a massive tax write off," Price wrote on Twitter this week.

"In reality, the amount they donate is a fraction of what they would pay if their tax rates were in line with the working class," Price said.


He also shares a link to an article showing the top charitable contributions of 2020. The name at the top of that list was Amazon founder Jeff Bezos, but alas, his "increase in donations did not correspond with his increase in wealth," the Daily Mail reported. Bezos' net worth is now approaching $200 billion and the new proposed tax could cost him $2 billion per year.

In 2020, he pledged $10 billion to the Bezos Earth Fund - his fund to combat climate change. He also donated $100 million to Feeding America.

Price become a celebrity in 2015 when he announced that he was raising the minimum wage at his Seattle headquarters to $70,000 per year and taking a nearly million dollar pay cut so that his salary could match his staff's.



To: Jamie153 who wrote (1293866)2/26/2021 8:00:50 AM
From: IC7201 Recommendation

Recommended By
FJB

  Read Replies (3) | Respond to of 1583550
 
Ya know, there are some (not me :) who feel this virus was orchestrated by....hmmmm Schwab, Gates, Sorros? With Europe in big trouble having negative rates since 2014...Money is gone for socialism... Their goal is default all gov't debt, destroying small business, therefore people dependent on new world UN gov...

We all know Gates and half the Davos Elites are into population control... And Trump was in their way creating Populism....Difficult to control that global crowd wanting free thinking, peace, prosperity, religion, etc...So yeah! Let's launch this sucker 10 months (Gates, Schawb, others sold billions stock prier, plus Gates stepped dn from ceo of Foundation) before 2020 election...Am sure several others have 20 pages to add.... Seems China, Russia are not on board, as they've been through Marxism. Could by why Biden is 100% back in with UN. They want one world government controlled by UN...Who in-turns controls US Nuclear Arsenal. To threaten China- Russia....Hey imo the math says this is 76% correct..)

World Economic Forum and the Rockefeller Foundation Are Main Drivers for Digital Vaccines Passports

Klaus Schwab is becoming one of the most dangerous men perhaps in modern history. His World Economic Forum and the Rockefeller Foundation are the main drivers behind the adoption of digital health passes. Two years before the corona pandemic, the EU Commission had drawn up a “roadmap for vaccination”. They are trying to create an authoritarian world where they have lurking behind the curtain their agenda to reduce the population. I am warning that these people are ultimately looking to keep such restrictions upon the world travel also to reduce CO2 and then merge that with ultimately permits to even have children.

Are Gates & Schwab Committing Crimes Against Humanity?
armstrongeconomics.com

Trump v Gates – Is Gates Winning to Overthrow Trump?
armstrongeconomics.com



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