Posted On: 07/16/2016 1:07:53 AM
Post# of 65629
Quote:
Buffett only does that in order to have larger tax breaks which makes him more money.
Just because You're a zero-sum, black or white, it's this or it's that numbskull doesn't mean everyone else is.
You have no basis to assert that Buffett ONLY does anything, when it's obvious he can and does do BOTH....cut his taxes and contribute to charities and other worthy causes.
Quote:
Gates Foundation[edit]
His intention was originally to leave 99% of his estate to the Buffett Foundation, but in June 2006 he announced that he would give 85% of his wealth to the Bill and Melinda Gates Foundation instead.
Buffett stated that he changed his mind because he has grown to admire Gates's foundation over the years; he believed that the Gates Foundation would be able to use his money effectively because it was already scaled-up.[6]
"Susan's Foundation" is to receive a bequest of about $3 billion over a span of many years.
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