The previous post discussed some of the broader issues surrounding the attempt by Bill Gates and Warren Buffett (No’s 2 & 3 world’s most wealthy individuals respectively) to encourage other billionaires to pledge to give away the bulk of their wealth if not by the time they die then on their death. The post queried the role of taxes and…
Tag: tax
Billionaires and Philanthropy, Death and Taxes
What is the financial cost of existing in a society? Is there a limit to what that cost can or should be? Is there a point at which you have paid ‘enough’? There are social costs that are either more or less obvious, such as a requirement to comply with laws, statutes, and regulations. There are unwritten social laws that…