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I believe because it's all intertwined in stocks etc --that affect companies etc can't just do it like lotto money
Bill Gates gives away 64 million Microsoft shares in largest donation since 2000. Gates usually donates around 80 million Microsoft shares each year, and this latest gift means he’s left with nearly 103 million shares. The SEC filing also reveals that Melinda Gates holds nearly 425,000 Microsoft shares.
"but they should give something back to the world that has allowed them"
Allowed. Really?
Hint they DO give back.
They SPEND more which in turn keeps OTHER people EMPLOYED.
I take it you never took a finance course.
You need to get out of your parents basement more!
Sadly, a vast majority of Americans are financially illiterate, and have inadequate knowledge of economics, as well. That's why we keep seeing such inane threads/posts.
Nobody owes you anything in this life. Instead of looking for hand-outs, try using the two at the end of your own arms.
I was raised in a very poor home with no help launching in to adulthood, but wanted a better life than my parents. I didn't want to see myself as a victim of circumstance or end of moaning about being poor like they did.
Forced re-distribution of wealth, and income would be a huge disincentive. We already do that through multiple taxes, and tax structures. When you GIVE people stuff, they don't value it as it is not earned. They then become entitled, and bitter because they think they deserve more.
Exactly. That's what happened with Cabrini-Green (in Chicago) public housing. Those who lived there destroyed it.
like i said, bill gates wasnt exactly porr when he started microsoft, but he did turn it into a company worth $50 billion dollars or so. in fact if you had invested $1000 when microsoft was a penny stock back in 1976, you would be extremely wealthy now yourself.
Oh, I agree with you...he certainly deserves credit for maximizing the situation.
I wasn't trying to contradict what you wrote....I loved the understatement (hence the emoji), and was just adding a little color re why I appreciated what you wrote.
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