How Private Is 'Private Charity'? Private charity may be more accurately described as "private donations coupled with involuntary, tax-financed public subsidies." And it's not fair: "very low-income people paying only payroll taxes get hardly any leverage for their donations. Very high-income people in states with high income-tax rates – such as New Jersey and New York – can through the tax code virtually double the money funneled to a charity per dollar of their own sacrifice." (previously)
Bill Gates or Steve Jobs? Who is changing the world more for the better? Some people believe Bill Gates and Microsoft are the Spawn of Satan, while others praise him for his philanthropy. [subs. req'd] Steve Jobs has more buzz on the internets than Bill Gates and a near religious following for his products with Apple. One might not give like the other, but one definitely is much more Zen-like.
I'm the 24,519,565 richest person on earth! According to the Global Rich List, which says I make more than 99.506% of the people alive today. Only 24.5 million people between Bill Gates & myself...
The global distribution of income is becoming ever more unequal. One of the proposed solutions? More charity by the ultra-rich.