Breaking

Post Top Ad

Your Ad Spot

Saturday, 11 April 2020

America's billionaires are giving to charity – but much of it is self-serving rubbish | Robert Reich

Well-publicized philanthropy shows how afraid the super-rich are of a larger social safety net – and higher taxes

As millions of jobless Americans line up for food or risk their lives delivering essential services, the nation’s billionaires are making conspicuous donations – $100m from Amazon’s Jeff Bezos for food banks, billions from Microsoft co-founder Bill Gates for a coronavirus vaccine, thousands of ventilators and N95 masks from Elon Musk, $25m from the Walton family and its Walmart foundation. The list goes on.

Related: Call for super-rich to donate more to tackle coronavirus pandemic

Continue reading...

from The Guardian https://ift.tt/2XviRIS

Post Top Ad

Your Ad Spot