“I will give away virtually all my wealth”: The Microsoft billionaire has pledged his foundation will distribute $US200 billion over the next 20 years.
Right, but then why would he constantly talk about it? Why wouldn’t he just say “yeah, I donate a lot to charity”, feign ignorance about the concept of effective charities, and then arbitrarily dole out money to a mix of innumerable small local charities and shell charities which feed back into his pocket? Like, the number one rule of doing crime is “don’t draw attention to yourself when you are committing crime”. You don’t announce to all your coworkers that you are going to the kwikymart 5 minutes before you rob the kwikymart.
Because people aren’t usually rich enough to be able to set up tax exempt foundations.
Right, but then why would he constantly talk about it? Why wouldn’t he just say “yeah, I donate a lot to charity”, feign ignorance about the concept of effective charities, and then arbitrarily dole out money to a mix of innumerable small local charities and shell charities which feed back into his pocket? Like, the number one rule of doing crime is “don’t draw attention to yourself when you are committing crime”. You don’t announce to all your coworkers that you are going to the kwikymart 5 minutes before you rob the kwikymart.