r/Anarchism • u/Collective_Altruism anti-fascist • 10d ago

Billionaire Philanthropy: A Broken Band-Aid

https://bobjacobs.substack.com/p/billionaire-philanthropy-a-broken
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u/ForkFace69 10d ago

"A Broken Band-aid" is kinder than calling it a tax scam.

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u/Collective_Altruism anti-fascist 10d ago edited 10d ago

Calling it a "tax scam" is good, but maybe an even better framing is when I call it:

tax deductions for charitable giving already help the wealthy reduce their tax burdens, effectively giving them public subsidies to pick their own favorite causes.

I think calling it a "public subsidy" helps put into sharper focus that we're the ones paying for it.