Priscilla Chan’s decision to stop funding the school she opened to help struggling families shows the risks for communities reliant on wealthy private donors.

  • Windex007@lemmy.world
    link
    fedilink
    arrow-up
    54
    ·
    1 day ago

    This is why as much as I appreciate the philanthropy of the ultra wealthy, it’s NOT a substitute for taxation

    • IAmNorRealTakeYourMeds@lemmy.world
      link
      fedilink
      arrow-up
      6
      ·
      21 hours ago

      Philanthropy is pure BS, if you have millions to give to something that needs funding, then you have millions you could pay in taxes.

      and charitable donations being tax deductible? it’s basically letting billionaires dictate tax policies.

    • poutinewharf@lemmy.ca
      link
      fedilink
      arrow-up
      17
      ·
      1 day ago

      Beyond just deciding when they want to stop at any time they dictate what’s worth the money.

      Can you imagine being able to say “nah, I won’t pay this tax because it’s not for something im passionate about”