Do you value putting money where it actually matters? I know I definitely do.
Billionaires are often seen as key players to improving some of the world’s most pressing issues through big philanthropic donations. Unfortunately, the wealthy often make these contributions as a way to avoid taxes rather than out of the goodness of their hearts.
I envision a world where billionaires are given less power, so that they cannot continue “donating” their money in a way that does not actually serve the people who need it the most. Because billionaires make up a tiny portion of the world’s population, they are, for the most part, not in touch with the world’s needs.
We need to start redistributing the wealth amassed by the world’s most powerful people by taxing them more heavily. Only then can we start to see money being spent more equitably.
I totally agree with having a redistribution of wealth! I wonder how things will be once that happens.
Great idea! I agree that billionaires need to be taxed heavily in order to redistribute the wealth.
Hi Sarah, I agree! By redistributing wealth we could probably have the money spent on the world's needs!
Hi Sarah! You raised some great points and it is very unfortunate that the rich donate for their ultimate benefit.
I think also sometimes they need to be smarter about their donations because if we look at Mark Zuckerberg's donation for schools, much of it did not end up helping. Maybe there needs to be an additional party involved that can ensure the donations are making maximal impact.
Great post! I agree that wealth should be redistributed and those who are wealthy should be taxed more heavily.