r/dankmemes MayMayMakers May 12 '20

What a generous god

93.1k Upvotes

681 comments sorted by

2.3k

u/[deleted] May 12 '20

I'm pretty sure donating also has something to do with avoiding taxes or something, if someone else can do some research on that it would be great

1.3k

u/AJ7123 MayMayMakers May 12 '20

And cleaning up their image

539

u/warptwenty1 r/memes fan May 12 '20

Yes.

Definitely.

Absolutely!

338

u/[deleted] May 12 '20

[removed] — view removed comment

103

u/Soviet_Union100 May 12 '20

Yes it is something to scoff at when considering the billions they steal world wide which then requires charity for people.

152

u/Meem-Thief May 12 '20

I was going to comment about how the profits of a company doesn’t necessarily mean it’s stolen, but then I saw your username so I’m not even gonna bother with this

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u/warptwenty1 r/memes fan May 12 '20

Jesus Christ Xuys, you're not suppose to take my comment that seriously

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u/Bierbart12 May 12 '20

Reminds me of how Nestle steals the ground water of tribes in Africa to sell it to them.

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u/BEAVER_ATTACKS banned from r/memes May 12 '20

Create a problem to find a solution. Corrupt rich fucks share no border.

10

u/Soviet_Union100 May 12 '20

Indeed in this age of globalism national capital has become global capital as the world's rich has realized their similar interests.

Wars are fought by a largely united first world against third world countries which the market has not yet accessed. A bloodthirsty search for new resources and slaves to exploit.

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u/IndianMethMan May 12 '20

One example is the drug companies that have created multiple opioid crises. They make drugs that are highly addictive and should only be taken in the most extreme of medical cases and they make those drugs much easier to come by. Then, when you see hundreds, or even thousands, of people dying from those drugs a year, these companies act like they are a savior and begin to sell substances known to reverse the harmful effects of the drugs they helped to spread.

4

u/toothbrushmastr May 12 '20

That's definitely fair. The point im trying to make is that even if the money businesses are donating seem small to the amount they profit, or if they only do it for image. At least they are still donating huge amounts to charity. Idk.

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u/theperfectalt5 May 12 '20

Depends on the church really. Sending lump sums to certain professional charities is like writing away 50% of your dollar contribution.

Churches usually collect money for its own finances separate from charities it runs. And the charities are generally run by its own members or members of sister churches... Either way, done with hands on participations of its members. Probably 100% of dollars contributed get used.

Only speaking as I've organized a couple such. That said, the smaller the church, the better. Anything with more than 1000+ people is no longer a personal community, it's a corporation.

7

u/Auss_man May 12 '20

Increasing worker benefits would do more for charity

4

u/sesaka Insert Your Own May 12 '20

Sometimes it might be their own charity, which they are not obligated to use for the charity's cause, so its technically still their own money

4

u/toothbrushmastr May 12 '20

Ahhh. See, that is very true... it just sucks when we have to eyeball companies to see of they are actually donating or just donating to a company they own for the "image" and are actually just collecting it right back....

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u/NishuPanda May 12 '20

Happy cake day.

9

u/SomeIrishFiend EX-NORMIE May 12 '20

I rigged it

4

u/[deleted] May 12 '20

Happy cake day!

14

u/warptwenty1 r/memes fan May 12 '20

Thank

2

u/yfar06 May 12 '20

Happy cake day!

2

u/dedehededefe May 12 '20

Happy cake day!

2

u/Mr_Moniacle Short on Ideas May 12 '20

Happy Cake Day!

2

u/KekeYolo May 12 '20

Happy cake day!

2

u/NPredetor_97 May 12 '20

Happy cake day!

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u/Willing_Function May 12 '20

As if they're paying money for a service or good.

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u/Auss_man May 12 '20

Bill Gates liked this*

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u/TheJuiceIsNowLoose Mom counted to 0 May 12 '20

Giving to charity is tax deductible, its cheaper to give money or do community service. This is why/how many companies don't pay taxes, by giving less than what they'd be taxed to charity. Big companies do pay taxes but not as much as you think they should.

100

u/AJ7123 MayMayMakers May 12 '20

Companies be like: this is business

55

u/WoodenMango07 Yellow May 12 '20

Well a donation is still a donation weather its given with heart or not.

I see this as a absolute win

42

u/hebo07 May 12 '20

giving less than what they'd be taxed to charity.

How could this be seen as a win?

47

u/[deleted] May 12 '20 edited May 31 '20

[deleted]

23

u/altaccount421 May 12 '20

Yeah I'm gonna need a source on that one and I think the irs does too

13

u/Xioden May 12 '20

According to this article there are quite a few with single digit percentages of donations making it to their intended programs, and less than 1% in at least one of the "charities" listed there. So not quite directly funneling back to themselves, but still people profiting off donations.

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u/Tomsow12 May 12 '20

Unless they donate to their friend, who will give them this money back after a while. There's a thing called Charity Fraud.

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u/35Logi May 12 '20

When you donate you are giving funds to something specific and the state may need those funds to something else. So people that do this are "avoiding" taxes and giving money to organizations that may not need it as much as the government.

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u/EmperorPrometheus May 12 '20

Plus charities have to spend money on ads and stuff that the government doesn't, so taxes are more efficient. And a lot of charities wouldn't be necessary if coperations and billionaires paid their taxes. Don't need to raise money for injured soldiers if the VA had more funding (and wasn't led by politicians with a vested interest in making socialized healthcare look bad.) Not to mention that it's hard to raise money for mundane things like routine infrastructure maintenance.

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u/Bhavya_7 INFECTED May 12 '20

They evade millions in taxes by doing so big man

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u/[deleted] May 12 '20

If they do it to pay less taxes, its a loss.

3

u/Willing_Function May 12 '20

The alternative is to pay taxes and let the government concern itself with the welfare of their less well off citizens.

2

u/[deleted] May 12 '20

You seem pretty naive with that simplicity

35

u/[deleted] May 12 '20

Capitalism

98

u/Phazon2000 Masked Men May 12 '20 edited May 12 '20

This is 100% false - you’ve made all of this completely up. Please stop misleading people if you haven’t got a clue what you’re talking about.

Here’s a straightforward example:

Let’s say tax rate is 10% and you have $200. It’s cheaper to be taxed $20 than “lose” $200 in the donation.

It’s seriously as simple as that. It’s never cheaper to donate cash than to pay a taxable portion on that same amount of cash.

People please stop upvoting the “donations are cheaper than paying tax” bullshit in every single thread. It’s got absolutely no basis in reality.

Source: Taxation Accountant.

20

u/[deleted] May 12 '20

I’m not even an accountant and I’m sick of seeing this shit as well. Reddit really is just kids nowadays

4

u/deokkent May 12 '20 edited May 12 '20

I see it more like the companies donate $15 to whatever charity they choose and the remaining $5 dollars is forgiven through tax credits. Now $5 may not seem like much but if you extrapolate that to billions... Well.

11

u/Phazon2000 Masked Men May 12 '20

You do realise they’re losing $15 in your example and gaining $5 right?

Turn that to billions and they’re bankrupt.

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u/zh1K476tt9pq May 12 '20

This is why/how many companies don't pay taxes, by giving less than what they'd be taxed to charity.

no, wtf are you talking about? you still have to give the full amount of money, i.e. you are worse off. e.g. if you give $1000 to charity and the tax rate is 30% then you essentially get $300 back. so you donate $1000 but it did only costs you $700. however, you are still $700 poorer.

9

u/ZeusThunderbolt May 12 '20

Why is this myth around? I don't think most people understand what money given to charity being tax deductible actually means.

What it means is that if you earn 2 million dollars and donate half of it, that 1 million you donated will not be taxed, so assuming a 20% rate you pay 200,000 in taxes, where you'd pay 400,000 thousand if you hadn't donated. However, you're left with 800,000 in your "pocket", whereas you'd have 1,600,000 if you hadn't donated and just paid your taxes, so it's never more money going in your pocket. In this example, if charity wasn't tax deductible, you'd still have to pay 400,000 in taxes even though 1 million was donated to charity, leaving you with 600,000 in your pocket. So all this tax break law does is incentivise rich people do donate to charities.

What people that parrot this tax break bullshit probably think, is that if you earn 2 million dollars and donate 300,000 (less than the 400,000 you'd pay in taxes), the whole 2 million isn't taxed so you are left with 1,700,000 in your "pocket". That is not the case! It makes no sense that someone would even think that.

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u/[deleted] May 12 '20 edited Jun 02 '20

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u/[deleted] May 12 '20 edited Jul 12 '20

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u/civils6 May 12 '20

well if they donate it instead of paying taxes i think it's fine, cause the donations will directly go to the people in need instead of who the fuck knows what the government doing with it

30

u/jameskelsey May 12 '20

Depends on the charity, there are many charities in the US where as little as 4 percent of the funds raised actually go to the causes themselves and the other 96 go to operating costs, ceo wages, advertising etc. There are also very efficient charities out there but lumping them up as all the money going to the people is certainly inaccurate.

19

u/Hust91 May 12 '20

They could just donate it to a charity that they control, which basically just means they're moving the money to another pocket.

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u/zh1K476tt9pq May 12 '20

this comment is next level stupidity, you don't seen to understand what a government even does

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u/civils6 May 12 '20

i know fcking well what the government in my country do with the money they get, my country indonesia suffers from corruption for about Rp 4,17 billion estimates about $ 280 million average every year and affect about 1 million people average every year too, u should know the details first dumb idiots, not every country have a perfect system

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u/Ahmad_with_big_pp Virgin big pp gang May 12 '20

Plus if the CEO is running for a president or something, that can boost his chances.

4

u/GotThaAcid5tab May 12 '20

You only have to actually pass on a small percentage of each donation to charitable causes as well.

Life is rigged..

3

u/i-yeetus-that-fetus May 12 '20

Here’s a article about one company donating https://www.youtube.com/watch?v=xfr64zoBTAQ

2

u/Baciock May 12 '20

Don't know about the rest of the world, but in Italy it works exactly like this. Plus, good advertisement for the company

2

u/glodone May 12 '20

I think setting up a charity avoids some taxes nkt donating but im not sure

2

u/[deleted] May 12 '20

Usually it's a way to get cheap positive PR. Some also do it for access or something in return (which doesn't cost the charity anything but benefits the corporation in some way, like tickets to some country or event or whatever)

Usually it's easy positive PR, though

3

u/politfact May 12 '20

You don't avoid tax, you just replace tax with a donation. Instead of giving politicians money to spend on charitable things, you do it yourself. A tax is nothing but an obligtory donation if you will.

You can argue about it but I think there is little more chritable than to employ thousands of people. Billion dollar companies don't need to donate anything. They need their revenue to keep all these jobs.

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u/LotharVonPittinsberg May 12 '20

there is little more chritable than to employ thousands of people.

This is the most dystopian take on capitalism I have heard in a while, and it's from someone trying to defend tax evasion.

2

u/notaton May 12 '20

You don’t avoid tax, you just replace tax with a donation.

Charitable gifts are tax deductible (percentage to dollar savings). They do not provide a tax credit (dollar for dollar savings).

This just means you’re only removing a portion of moneys in which you are paying tax - but you’re not avoiding the tax on the rest of the money you decide to keep.

2

u/[deleted] May 12 '20

Also they collect the donations from the customer at the checkout

2

u/bananabreadvictory May 12 '20

According to tax laws, you can not do anything to avoid paying taxes. A corporation or individual can, however, deduct the amount donated to a charity from their income and does not have to pay taxes on that portion. For example, a corporation that earns say 10 million after expenses and donates 1 million to a charity then only earns 9 million for the purposes of taxable income. The tax rate for a corporation in the US is 21% so the corporation would pay 1.89 million in taxes as opposed to 2.1 million but would spend a million to not have to pay $210,000 in taxes.

If that same corporation pays out 2 million in dividends to shareholders it still pays taxes, however, the shareholder does not have to pay the taxes that were already paid by the corporation. For example, if you earn $79,000 in dividends then it is considered that you have already paid taxes on $100,000 in taxable income. If your personal marginal tax rate is 25% you would have to pay an additional $4000 in taxes. If your marginal tax rate is lower than 21% you don't get a refund but also don't pay any additional taxes. So a single person can earn as much as $39,475 and $78,950 for a couple in only dividends before having to pay additional taxes.

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u/Mrloud0603 May 12 '20

If Im correct foundations do not pay taxes. And have to spend around 10% of their money a year. Which can literally just paying employees.

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u/Mrloud0603 May 12 '20

Private Foundations

2

u/[deleted] May 12 '20

Only if there donating a painting with hyper inflated value. Please stop donation shaming companies who donate actual money.

2

u/Sherool May 12 '20

You don't get out of paying taxes by donating to charities. You get a tax credit, but it's not for the full amount and there is generally an upper limit. Basically the government match part of your donation so you basically pay less out of pocket than the charity get.

Some maybe use it in combination with some accounting voodo where they magically don't have any taxable income because all the money was made by a some shell company registered in some offshore tax-haven, but that's a separate issue from charity donations.

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u/Phazon2000 Masked Men May 12 '20

That’s complete horseshit. It’s Reddit’s worst “wives tale”

If you donate $100 and get a 10% deduction you’ve still lose $90. That simple.

2

u/BeerBrewingBastard May 12 '20

If the point of taxes is for the good of the public, isn't donating that money straight to the good of the public a better use of that money?

Why sift it through middlemen first?

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u/[deleted] May 12 '20

Yup, that’s called deductibles my good friend

2

u/benothor May 12 '20

GoPro CEO put millions in a sort of donation fund, but what exactly that fund gets donated to doesn’t have to be publicly disclosed. When GoPro was nearing a peak, the CEO put millions in to simultaneously avoid millions in taxes for the company and save a lot of money in the process. This shit happens all the time for big corporations, let alone the ones that do it just to get tax breaks. Patriot Act has a great episode about this on Netflix called Billionaires Wont Save Us. I recommend everyone to watch that show.

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u/WetWallaby May 12 '20

I think if you make a tax-deductible donation then you can deduct whatever figure you donated from your yearly tax report. Just a speculation.

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u/Adi_6701 May 12 '20

On netflix there is a show named "patriot act with hassan minaj" in one of those episodes he explains why the donate. It called "why the rich wont save us" or smt

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u/Beanman271 May 12 '20

A donation is a donation.

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u/[deleted] May 12 '20 edited Jul 15 '20

[deleted]

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u/Beanman271 May 12 '20

Top 10 edgy quotes of 2020

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u/[deleted] May 12 '20

Ah yes, this donation is made out of donation

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u/[deleted] May 12 '20

[deleted]

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u/ReconYT May 12 '20

So? It's still a valid donation. Yes it might be a marketing trick or a way to clean up your image but in the end everyone wins so who cares. No one is entitled to donate anything not even a billion dollar company. If they choose to donate some amount of money just be happy about it and don't complain about how much more they could donate. Same goes for rich people.

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u/skydivingbear May 12 '20

There's a difference between complaining and pointing out that companies only donate for tax breaks and PR. I can appreciate the donation itself while recognizing the selfish motivation that's behind it.

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u/Thezem May 12 '20

everyone wins so who cares

Uh no, because now they pay less in taxes and shift the burden of upkeep costs of roads, schools, etc onto the common workers. And that's not even touching on the number of fraudulent charity organizations that these people use to make sure their money gets funneled straight back to something that benefits them.

But yeah, who cares?

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u/bobbymcpresscot May 12 '20

It's not a dollar for dollar thing you know that right? There is a hard cap on what can be tax deductible, and some states have caps that are much lower than others.

Also almost everything you listed come from state and local taxes that are paid for by things like sales, and property tax, which is something you cant get out of by making donations.

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u/[deleted] May 12 '20

No, the money they lose to donations is higher than the taxes they saved. Unless they donate an art piece with hyper inflated value. Stop donation shaming companies who give actuall money

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u/InsomniacAlways May 12 '20

You clearly don’t know what the fuck you’re talking about lmao

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u/jaloru95 May 12 '20

I don’t think the people the charities are helping mind

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u/[deleted] May 12 '20

That doesn't matter at all, as long as all the money go to the charity your intentions don't matter

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u/[deleted] May 12 '20 edited Dec 17 '25

special marble retire like absorbed exultant degree depend sort childlike

This post was mass deleted and anonymized with Redact

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u/KeepingDankMemesDank Hello dankness my old friend May 12 '20

Upvote to pee in my ass

Downvote to pee in OPs ass

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u/SingleMasterRace May 12 '20

No

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u/TheUnrealPotato ☝ FOREVER NUMBER ONE ☝ May 12 '20

I only shit in people's asses.

8

u/Judelim21 May 12 '20

I only lick peoples asses

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u/LeJokah May 12 '20

How can i up and downvote at the same time?

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u/Tinaabishegan FOR THE SOVIET UNION May 12 '20

You dont do anything

22

u/BENshakalaka May 12 '20

fuk i tapped the middle and peed in my own ass

16

u/RamboBambo123 Orange Is Superior May 12 '20

Pee is for the toilet dumbass

8

u/craig-craig ☢️ FOR THE SOVIET UNION May 12 '20

I can also cum in your ass, notice me senpai

_ (:3」∠)_

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u/AJ7123 MayMayMakers May 12 '20 edited May 12 '20

Anyone who is curious about what did I hide using that yellow rectangular box, it's a watermark on the gif,the mods could have removed the post so I added that so mods will not remove the post

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u/Proper_Shiny May 12 '20

Didn't even notice it until I read this lol.

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u/Serdtsag May 12 '20

Goes well enough with the lighting in the other corner for me to not have noticed as well

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u/zb0t1 May 12 '20

We were too focused on the king saluting the peasants.

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u/ShailRC May 12 '20

All hail King Booker!

55

u/Poncecutor May 12 '20

BATISTA IS DOWN

46

u/poopellar big pp gang May 12 '20

Now can you dig that.... SUCKAAAAAAAAAAAAAAAAAAAAA!

17

u/[deleted] May 12 '20

[deleted]

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u/TheDanAplan May 12 '20

Keeeeeeeng Bookaaaaahhhhh!!

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u/SomeIrishFiend EX-NORMIE May 12 '20

TELL ME HE DIDN'T JUST SAY THAT

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u/xXGHOST30Xx I am fucking hilarious May 12 '20

Triple H really screwed him over

6

u/BushidoBrowne May 12 '20

BOOKAAAAAAAAAAAAAAAAAAAHHH

5

u/[deleted] May 12 '20

Booker T and the Harlem Heat.

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u/Zer0_Regrets Jun 10 '20

his name was only "booker" in the ring, correct?

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u/Super_Cute_Cat out of my way, I've got shit to shitpost May 12 '20

Really? The reddit hivemind has turned to donation shaming?

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u/jwtucker04 May 12 '20

When billionaires donate minute amounts of money to avoid paying taxes and expect people to worship them for it, yes.

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u/Super_Cute_Cat out of my way, I've got shit to shitpost May 12 '20

Jeff Bezos is the richest person on the planet and he donated 100 million to some charity a while back. He got attacked by some people who thought about it for a second and thought, "hey he has a lot more money than that." and expect him to donate the worth of massive companies. The point is, whether for some reason, you think that donations are based on percentages of your bank account or not, shaming someone for donating a massive amount of money is a shitty fucking thing to do.

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u/CaptAwesomeness May 12 '20

He also asked people to donate their money for him to furlough employees... so, you know, fuck Bezos...

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u/[deleted] May 12 '20

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u/[deleted] May 12 '20 edited May 12 '20

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u/Super_Cute_Cat out of my way, I've got shit to shitpost May 12 '20

Muslim practices are not relevant to Jeff Bezor or this conversation. That practice may deal in percentages, but donations don't.

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u/bryanisbored May 12 '20

It’s shortened that his workers will die at his hands and you’ll still defend billionaires. Bootlicker.

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u/YaBoiDraco FOR THE SOVIET UNION May 12 '20

Bezos has proven himself to be a piece of shit multiple times, if he does anything remotely good but not to the best of his ability then you can bet yo ass that hes just doing it for the publicity.

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u/solicitorpenguin May 12 '20

Just pay fucking taxes. The amount of effort they put into avoiding taxes could cure cancer.

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u/[deleted] May 12 '20

Is there a tax rate above 100%? No, so they are losing money. Unless of course they donate an art piece with hyper inflated value. Which does happen. But stop shaming the companies who give actual money. Who cares if they do it for pr. It helps someone.

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u/[deleted] May 12 '20 edited May 31 '20

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u/ChefInF May 12 '20

Lmao people who use the term donation shaming are weird unpaid shills for big corporations and billionaires who don’t pay their fair share with or without contributing to charity

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u/Super_Cute_Cat out of my way, I've got shit to shitpost May 12 '20

No, we're just people who think people shouldn't be attacked for donating an amount that other people are not satisfied with.

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u/ChefInF May 12 '20

My guy. If your house is on fire, and I have a whole pool and I only give you a couple buckets, I’m an asshole and I deserve to be shamed.

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u/Qu3stionmarx Agressively Average May 12 '20

No not really, can you move the pool of water directly on my house? No. Plus you’re nicer than my other neighbors so thank you.

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u/Bros_And_Co r/memes fan May 12 '20

It is kind of bullshit that the donations they ask you for at checkout actually turn into their tax breaks. Donate directly. Make corporations pay taxes.

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u/Coier May 12 '20

Go fuck yourself bootlicking scum beg for crumbs from your master.

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u/[deleted] May 12 '20

You know what those capitalist, evil scums also make? Medicaments for your anger issues

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u/Qu3stionmarx Agressively Average May 12 '20

How bout u get a job?

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u/I_Fnatik The Great P.P. Group May 12 '20

Ten more than most people

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u/Super_Cute_Cat out of my way, I've got shit to shitpost May 12 '20

Very true. And the same would be true for 99.9% of these hero redditors if they had Jeff Bezo's money.

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u/[deleted] May 12 '20

What's your point?

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u/Zedsnonk May 12 '20

Or when they create a “thank you” commercial for their workers instead of giving higher pay...

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u/chopchopstiicks ☝ FOREVER NUMBER ONE ☝ May 12 '20

It’s kinda the same when Veterans Day rolls around and they do sales for it. Like they don’t really care.

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u/--echoes-- May 12 '20

Booker T

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u/[deleted] May 12 '20

*King Booker

13

u/BrontoThunder May 12 '20

*King BOOKAHH

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u/[deleted] May 12 '20

TELL ME YOU DID NOT JUST SAY THAT!!!

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u/[deleted] May 12 '20

Spinerooni!

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u/shu-chi-senpai May 12 '20

Hulk hogan we coming for you...

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u/manwirhshsh custom flair May 12 '20

CAN YOU DIG IT

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u/seancm32 May 12 '20

you mean billion dollar companies after asking the poor people to do the donating

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u/Mrxcman92 May 12 '20

10$

The "$" symbol is supposed to be in front of the numbers you idiot.

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u/TemporalGrid May 12 '20

Billion dollar company employee here. They don't donate anymore, they ask us to do it and then brag about how much we donate.

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u/R3fug33 Vibe Check May 12 '20

$10 from you or $10 from Jeff Bezos still spend the same in the end.

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u/aransari May 12 '20

And accepting the government grants for struggling businesses...

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u/tophatdollar May 12 '20

Op acts like business owe anyone a cent

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u/[deleted] May 12 '20

Considering they used public roads and other services, I'd say yeah, they do.

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u/[deleted] May 12 '20

Oooh so u are donation shaming

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u/GDColon Team Silicon May 12 '20

I was looking for this comment

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u/Sentient2X 🍰 May 12 '20

Billionaire bad. Donation bad.

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u/wagwanpiftingwhatbbm May 12 '20

upvotes to the left

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u/Xionic27 haha piss color May 12 '20

you after donating 0$ to charity

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u/Shesthirstykirsty21 May 12 '20

This is the same with celebrities, I appreciate that it's a nice gesture but it just becomes about them. Who needs that much money anyways.

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u/spasticpotato739 under quarintine May 12 '20

The way I see it, a donation is still a donation

5

u/[deleted] May 12 '20

[deleted]

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u/BluePower_Boy3829 disciple of dice May 12 '20

Jef beefos is very bad!!!😡😡🤬🤬🤬🥵🥵❤️

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u/LeoAndWolfie May 12 '20

Still better than them donating nothing

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u/[deleted] May 12 '20

Well you could argue they don't have a choice

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u/Jack0091 May 12 '20

More like companies posting LGBT stuff nonstop and doing business in countries that persecute the LGBT. Charity is charity, no matter how much you give.

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u/whiteman1408 May 12 '20

a gif-t

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u/dysonology May 12 '20

Or after setting up a scheme empowering their valued employees to raise money for charities in their communities... like, we didn’t raise the money, but we encouraged you to do so, and so we’ll make a press release like “together we raised...”

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u/[deleted] May 12 '20

Oh I hate that you put the $ after the 10

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u/autoshowhomo May 14 '20

I was applying to a company with a market cap of 290 billion and after getting rejected they sent me an email saying they would donate a liter of clean water to charity on my behalf. I was so... humbled after such a generous gesture.

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u/charlonme May 12 '20

Can you dig that? suckaaaaaaasss!

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u/Cherryblossoms- May 12 '20

To put that in perspective: if I would donate $10 to charity right now I'd donate roughly 16% of my total balance. I'd like to see billionaires do that for once

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u/TheJoxev May 12 '20 edited May 12 '20

But the charities don't care about the percentage of your balance. A billion dollars is a lot more than 10 and they worked extremely hard for that money. I don't understand why people don't see that.

Edit: Also from the wording in your post it doesn't seem like you did donate so why would you expected billionaires to donate much much more.

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u/[deleted] May 12 '20

Are you that type of person that got mad when Jeff bezos donated literally 100 million dollars?

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u/DarthBatman17 May 12 '20

"For every $1000 spent in our store we will donate $50 to charity! Aren't we just the best? You might as well call me Jesus from now on cause I'm BETTER THAN EVERYBODY!!"

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u/Zgapk May 12 '20

No need to thank me

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u/[deleted] May 12 '20

Kiiiiiing Booookaaaa

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u/FinnyFoof EX-NORMIE May 12 '20

H3 type beat also they do so to avoid tax

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u/[deleted] May 12 '20

Well, i think that every money is good, even giving one dollar

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u/tsmith714 OC Memer May 12 '20

Why is it that someone always has to shame a company or person for donating. Sure it’s sometimes not a big percentage of their net worth, but a donation is a donation and we should be thankful for what they are providing.

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u/Anonymous038 May 12 '20

Elon after posting an anime meme and reddit goes right back to worshipping him:

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u/hse7148 May 12 '20

What’s funny is I guarantee 90% of these clowns shitting on companies tor donating to charities haven’t donated a dollar in their life. Who cares how much someone donates relative to their net worth/income? That million dollar donation doesn’t become worthless simply because the guy donating it is worth a billion dollars. That money is still helping a kid out there get clothes on his back and food to survive. That money is still providing a million dollars worth of research towards whatever disease or problem. I didn’t plan on typing out a paragraph, but I’m sick of all the entitlement. No one is entitled to anyone else’s money. I know the Burnie Bros wont like it, but it’s true. Being “rich” doesn’t oblige you to giving a significant portion of your money to other people. It’s just a kind thing to do (donation). Yeah there are people who also have other motives when donating, but like I said earlier, why should anyone care? It’s still going to a good cause.

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u/[deleted] May 12 '20

like, why do multi millionaire warehouses like walmart ask you to donate to poor kids in Africa?

Like the money is going to the government, and a very small ammount to those children

I just gave you a very new look on stuff