They get tax breaks for philanthropy.
The founder of Craigslist has given away half a billion dollars
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Re: The founder of Craigslist has given away half a billion dollars
#112Re: The founder of Craigslist has given away half a billion dollars
#113Earlier quoted context omitted.
America is the place for very few people to get wealthy relatively compared to the rest is more accurate. I don't know how long this asymmetric upside down pyramid structure will hold. Monopoly on violence requires participants to believe in its continuity, any fracture in perception no matter how small, will create an increasingly chaotic redistribution effect.
The top 1% of America pays 40% of the federal income taxes. Getting rid of the rich is probably a pretty bad idea for the rest of us.
When the top 1% are not in the top tax bracket, something is horribly wrong.
Re: The founder of Craigslist has given away half a billion dollars
#114Is Craigslist still the go-to classifieds site in some places? Around here it’s (very sadly IMO) been almost completely replaced by Facebook Marketplace, to the extent that people make Facebook accounts just to use Marketplace.
I use ND first, then CL. I've used FB a few times, but mostly it's been scammers (though I have friends who swear by it).
Re: The founder of Craigslist has given away half a billion dollars
#115Re: The founder of Craigslist has given away half a billion dollars
#116Re: The founder of Craigslist has given away half a billion dollars
#117Re: The founder of Craigslist has given away half a billion dollars
#118Earlier quoted context omitted.
I've always been an advocate of the free market. And I'll tell you why. When I was 9, my dad arranged a tour of East Berlin for his family. As part of the deal with the USSR when the 4 zones were partitioned, this was allowed for an Air Force officer. This was at the height of the Cold War. The Wall is gone now, but it was something to behold in those days. There's the Wall, the kill zone, the tank traps, the dogs, t…
Some time ago, an American leftist told me that the Berlin Wall was necessary to keep the West out of East Berlin. he wasn't happy when I started laughing. I said that even to a 9 year old, it was clear the tank traps were set up to stop people fleeing to the West. It's too bad the Westerners did not leave a section of the Wall standing. It would stop people from rewriting the truth about it.
Re: The founder of Craigslist has given away half a billion dollars
#119Earlier quoted context omitted.
America is the place for very few people to get wealthy relatively compared to the rest is more accurate. I don't know how long this asymmetric upside down pyramid structure will hold. Monopoly on violence requires participants to believe in its continuity, any fracture in perception no matter how small, will create an increasingly chaotic redistribution effect.
The top 1% of America pays 40% of the federal income taxes. Getting rid of the rich is probably a pretty bad idea for the rest of us.
Re: The founder of Craigslist has given away half a billion dollars
#120How effective is his giving?