Hi guys, Welcome to the Advanced Video Search Engine, and you are watching The Truth Behind Our Billionaire's Generosity "Charitable Donations". That video is uploaded by Financial Interest at 2022-05-20T06:30:06-07:00. We are promoting this video only for entertainment and educational purpose only. So, I hope you like & enjoy it. [UICySTM-PIQ]
| Name | The Truth Behind Our Billionaire's Generosity "Charitable Donations" |
| Video Uploader | Video From Financial Interest |
| Upload Date | This Video Uploaded At 20-05-2022 13:30:06 |
| Video Discription | Does philanthropy actually reduce wealth inequality? The hard truth of how billionaires take advantage of our charity tax system to avoid millions in taxes. In this video we cover charitable donations, donor advised funds, the problem with donor advised funds, philanthropy not solution and donor advised funds not giving. Furthermore private foundation tax writeoff, donor advised funds tax write off and donation tax write off. Additionally donation deduction charitable giving, charitable giving harm society, private foundations not solution and private foundations the problem. Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Financial Interest 👉 https://www.youtube.com/c/FinancialInterest101?sub_confirmation=1 ⭑ You’ve learned something interesting? Hit the like button! 👍 Follow Financial Interest on Social Media: Twitter 🐦 → https://twitter.com/FinanInterest Facebook → https://www.facebook.com/FinancialInterest Instagram → https://www.instagram.com/financial__interest/ Tiktok → https://www.tiktok.com/@financialinterest ✉️ Business Enquiries → financialinterest101@gmail.com Each day we are treated with multiple stories of billionaire donating millions to charities as an act of generosity, often with eye-popping figures. Whether we like the donor’s giving strategy or not, we are encouraged to think of these private actions as choices beneficial to the wider public. Although most of the time that’s really not the case. Instead, we should be more thinking as “these are our tax dollars at work.” The public has a legitimate and appropriate public interest in these seemingly private charitable donations of the ultra-rich. And as the wealth inequality grows and philanthropy becomes more top heavy –with a growing percent of the charitable giving pie coming from the top 1 percent –we should pay additional attention. Did you know that we as tax payers actually subsidize these donations, in the form of lost tax revenue? And the wealthier the donor, the bigger the tax subsidy we provide. For every 1 dollar a billionaire gives to charity, the rest of us chip in as much as 74% in lost tax revenue, Charitable Tax Reform For the 21st Century https://scholarship.law.edu/cgi/viewcontent.cgi?article=2017&context=scholar What Are Donor Advised Funds And Why Do They Hurt Charitable Causes? | Defined | Forbes https://www.youtube.com/watch?v=nfW_qCmOavg In this video we will explain to you how the ultra-rich use private foundations and donor advised funds to massively decrease their tax bill and the dark side of philanthropy. We will discuss how effective philanthropy is and the problems philanthropy can’t solve. Music by Epidemic Sound Stock footage by Storyblocks All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please reach out financialinterest101@gmail.com Copyright © 2022 Financial Interest. All rights reserved. DISCLAIMER: This channel is for education purposes only and does not constitute financial advice. Discussion of any securities, trading, or markets is incidental and solely for entertainment purposes. Nothing herein shall constitute a recommendation, investment advice, or an opinion on suitability. Please seek out a registered advisor if you require assistance. Always do your own due diligence and never stop learning. Best of luck! UICySTM-PIQ |
| Category | Education |
| Tags | donor advised funds | the problem with donor advised funds | Billionaire philanthropic efforts | Problems with billionaire Philanthropy | Billionaire generosity | Charitable Donations | philanthropy not solution | donor advised funds not giving | private foundation tax writeoff | donor advised funds tax write off | donation tax write off | donation deduction charitable giving | charitable giving harm society | private foundations not solution | private foundations the problem |
