When the legendary businessman and leader of Berkshire Hathaway, Warren Buffett, eventually passes away, the next generation of Buffetts — Howard, Susie and Peter — are poised to become one of the most powerful forces in philanthropy.
Financially, it makes sense to do. But morally and ethnically? Debatable. I don’t think it’s hypocritical to both exploit the law as written and advocate for its change, if it doesn’t exactly harm anyone.
Like if that “legal murder zone” was a real thing, it would absolutely be bad to exploit that. But tax avoidance is pretty far down my list of all the bad things you can do.
I think it’s worse than it feels. Like, I still like Jimmy Carr, but how many schools have cut meal programs because of a lack of funding? It’s just that money is fungible and through taxes it gets split up so much that you can’t really follow it, so I don’t think we realize the harm that’s done when people don’t pay their taxes.
Financially, it makes sense to do. But morally and ethnically? Debatable. I don’t think it’s hypocritical to both exploit the law as written and advocate for its change, if it doesn’t exactly harm anyone.
Like if that “legal murder zone” was a real thing, it would absolutely be bad to exploit that. But tax avoidance is pretty far down my list of all the bad things you can do.
I think it’s worse than it feels. Like, I still like Jimmy Carr, but how many schools have cut meal programs because of a lack of funding? It’s just that money is fungible and through taxes it gets split up so much that you can’t really follow it, so I don’t think we realize the harm that’s done when people don’t pay their taxes.