Why didnt BUffett donate his billions to foundations that would use it in America?

[pghquest]

Originally Posted by Icy Tea

Gates and Buffet are typically greedy people that will donate a dime to get a dollar. They want power and influence and control in the government. More power to them but they should not be admired for that.

Actually they donate a dime to save about 1.5 cents. The net result is donating costs them far more money then keeping it.

[Goodnight]

Originally Posted by noexcuseforignorance

Yes, so many people give away their money to avoid taxation. That makes a ton of sense. You know, instead of being taxed at that low rate on capital gains, wealthy people prefer to give it away and lose 100% of their money. That makes just a ton of sense.

In terms of where the money goes, when's the last time you ran into someone who couldn't go to school, didn't have access to clean running water and was infected with malayria.

Seriously, could you find nothing better to whine about?

Good point, they do get something in return by donating but the 15% capital gains makes all the difference in the world.

[noexcuseforignorance]

Originally Posted by alphamale

The dummies on the left won't even ask themselves why buffett doesn't just donate that money to the US Treasury.

Think of how much better their lives would be with buffetts BILLIONS in the hands of bureaucrats!

The dummies on the right here are saying that Buffet gave away billions to save money. I'm not sure that a right wing partisan like you should be throwing stones.

Both the right and left partisans should put away their emotions and use their brain on this forum. Not much of what is said around here makes any sense.