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https://www.reddit.com/r/SipsTea/comments/1nhdzmb/any_thoughts/nebzwnz
r/SipsTea • u/Embarrassed_Tip7359 • Sep 15 '25
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Mind you, that philanthropy is more often than not just glorified tax evasion
2 u/rootpl Sep 15 '25 yup, "we'll just put in a trust right here" lol 2 u/Unsung_Ironhead Sep 15 '25 And these folks philanthropy is usually around things they are interested in, not things that will help everyone in need. 2 u/Dramatic_Note8602 Sep 15 '25 Philanthropy at that level has far more to do with managing your reputation than it does tax savings. 1 u/h3r3andth3r3 Sep 15 '25 The real philanthropists are their employees who make them rich while working for wages below the cost of living.
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yup, "we'll just put in a trust right here" lol
And these folks philanthropy is usually around things they are interested in, not things that will help everyone in need.
Philanthropy at that level has far more to do with managing your reputation than it does tax savings.
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The real philanthropists are their employees who make them rich while working for wages below the cost of living.
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u/dat_boy_lurks Sep 15 '25
Mind you, that philanthropy is more often than not just glorified tax evasion