.

Yeah, kowen beat me to it.  Bill and others like him (Warren Buffet, for one) is about setting an example for the 1%.  They've come to have a much more enlightened view of material riches.  Good for them.

LOL!  Best comment here.  You just satirically encapsulated all of the negative comments here in an ironically honest way.  Love it.

Wow dude...what an ignorant thing to say. 

Yeah because every rich person who donates money does it to avoid taxes. 

This. 

I seriously hate people who say the rich only donate to avoid taxes and bullshit like that. 

So basically instead of people being glad he's giving $750 million to poor/diseased people that he could have bought a private island with, this is the sort of shit I'm reading:

- this is typical way how rich people laundry their money not to pay tax. the foundation is run by Gates himself and they control everything. it is just simply put, I DO NOT WANT TO PAY TAX".

- The Gates foundation makes $750 million a year in interest alone from its $37 billion endowment, so this isnt really that big a deal.

- If I had his money, I would have donated 20 times as much at the least.

- He's a joke, he just gives investisment's revenues, not at all is money, he never spent a penny in humanitarian things, that's just badly earn interests money. Bill doesn't deserve media attention, he's a bad guy.

So the question is simple to the people left of Stalin..

Would you rather have Bill Gates buy a private island or give 750 million dollars of money that may be simply interest income to charity.

Also the reason why charity is given preferential tax treatment is to encourage everyone as a whole to donate.

For example I do not have much disposable income but many of the adults in my family donate put always make sure they get slips.

hundreds of times 750 million, so he's donated hundreds of billions of dollars? Any links? Because I think you are full of a hundred billion tons of bullshit.

It's not the donation that people dislike, it is the fact that his donation is not much of a sacrifice (and probably not any) at all due to the tax rebate; and he is also using it purely as a vanity opportunity.

You know anyone who donates can get a tax credit and also its a tax minimization strategy actually.

For a person with wealth it allows you to give back to the community and lower your overall taxes owed for other things.

So literally, what your point?

Stop pretending to be all high and mighty.