04.19.10

Bill Gates — Just Like Microsoft — Incompatible With Tax Law

Posted in Bill Gates, Finance, Law, Microsoft at 2:28 pm by Dr. Roy Schestowitz

“My background is finance and accounting. As a socially conscious venture capitalist and philanthropist, I have a very good understanding of wealth management and philanthropy. I started my career in 1967 with the IRS as a specialist in taxation covering many areas of the tax law including the so-called legal loopholes to charitable giving. […] However, the Gates Buffet foundation grant is nothing more than a shell game in which control of assets for both Gates and Buffet remain the same. […] The only difference is that the accumulation of wealth by these two will be much more massive because they will no longer have to pay any taxes.”

The Gates and Buffet Foundation Shell Game

Ancient parchment

Summary: How Bill Gates and Microsoft are using their political power to ensure that they need not pay tax like normal people (who are much poorer) always do

THIS is today’s third post about the Gates Foundation. For those who did not know, the Gates Foundation’s donations have declined, but it is the norm rather than the exception [1, 2, 3, 4].

We have already written many posts that explain how the foundation is being used to avoid taxation. It’s good for rich families or dynasties — those who would rather see impoverished people fund their country. The rich people can afford to get away with it for reasons that are explained in the following news article from last week:

So what about the United States? First off, it’s important to point out that our government subsidizes private philanthropy through public policy. For example, any money that I (or more importantly, Bill Gates) gives to the Gates Foundation to promote neo-natal care in Ghana can be deducted from my taxable income. This is why the philanthropic sector is so strong in the United States. But there are limits to philanthropy. Even the Gates Foundation can’t marshal a fraction of the resources that are potentially available to the United States government.

Yes, they are so powerful that they get to lobby for their own policies that benefit them and help glorify them in the eyes of the public. To quote a new article from Seattle:

At times, Democrats threatened to end tax breaks for big banks, private airplanes, gold bullion and the Wall Street investments of companies like Microsoft and Weyerhaeuser.

[...]

His plan to tax the investments of nonfinancial firms drew protests from every big business and foundation in the state, including Microsoft, the Gates Foundation and Weyerhaeuser.

Okay, so “every big business and foundation in the state” has protested, but what about actual people? Many of them do not cherish the corporations, which are not humans. Don’t the people get to decide what’s right for the state? Surely not, or at least not in practice. Bill’s Microsoft and Bill’s foundation fought against the proposition that they should pay tax just like everyone else. So Gates is not only rich but he is also immune to tax laws, apparently. Amazing, eh? They get to call this “legal” because it’s them who determine the law. The same goes for Microsoft, as we pointed out this morning. Microsoft does not think it should pay tax and it keeps insisting that this is good for the state, using studies that it pays for.

“Tjada McKenna of the Gates Foundation says they are actively listening,” but they are not. The Gates Foundation is very discreet and one of its dark sides is the tax exemption it consciously enables (for Warren, not just for Bill). When this foundation goes public it’s mostly done for this kind of PR in the press (employees mutually glorify one another), a bit of lobbying, and there is currently this piece glorifying Jeff Raikes, the CEO of the Gates Foundation. He is not a pleasant person, based on the assaults on WordPerfect for example.

“If they’re going to pirate somebody, we want it to be us rather than somebody else”

Jeff Raikes, former Microsoft Business Group president

Share in other sites/networks: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Reddit
  • email

If you liked this post, consider subscribing to the RSS feed or join us now at the IRC channels.

Pages that cross-reference this one

What Else is New


  1. Links 16/1/2021: LibreOffice 7.1 Release Candidate, Zeroshell 3.9.5, FreeBSD Report, and GhostBSD 21.01.15

    Links for the day



  2. Free Speech on the Web Not Respected by Companies That Used to Support Software Freedom

    Mozilla does not have to make its Web browser about politics; it can just make an excellent piece of software that is neutral about the Web pages that it renders, based on the user's personal preferences



  3. Suppressed Facts of the Free Software Movement and Its Community of Volunteers – Part I: We Are Under Attack by Corporations and Their Salaried Facilitators

    The corporate takeover (taking over the Commons, produced by volunteers who are motivated by altruism) is a subject we must speak about and somehow tackle; this series will highlight uncomfortable or difficult truths



  4. InteLeaks – Part XVI: Intel Cannot Do Command Line, Even When It's Vastly Simpler and More Suitable for Development

    The Developer eXperience (DX) team at Intel seems to be full of Microsoft drones instead of developers and/or mildly technical people; this has not only harmed the quality of documentation but also upset staff, alienating people who actually understand what developers need (more than buzzwords like "DX")



  5. IRC Proceedings: Friday, January 15, 2021

    IRC logs for Friday, January 15, 2021



  6. Links 15/1/2021: KaOS 2021.01, Whisker Menu 2.5.2, Istio 1.8.2

    Links for the day



  7. InteLeaks – Part XV: Intel is Blind to Blind and Colour-Blind People

    Intel does not seem to grasp very basic concepts associated with accessibility; nevertheless, Intel shamelessly tries painting itself as "woke" and a "justice warrior" (policing speech while overlooking much-needed practical work)



  8. Links 15/1/2021: GStreamer 1.18.3 and Proton 5.13-5

    Links for the day



  9. IRC Proceedings: Thursday, January 14, 2021

    IRC logs for Thursday, January 14, 2021



  10. Links 14/1/2021: Wine 6.0, Debian 11 Freeze, and Alpine Linux 3.13

    Links for the day



  11. Patent Propaganda and UPC Jingoism Instead of Actual News

    Today's so-called 'news' about the EPO (Europe's second-largest institution) and the failed UPC is nothing short of shameless propaganda



  12. Links 14/1/2021: Season of KDE 2021 Selection, Mesa 21.0.0-RC1, Tor Browser 10.0.8

    Links for the day



  13. InteLeaks – Part XIV: Technical Incompetence and Incoherence Leading to Alienation and Brain Drain

    The idea that Intel "loves Linux" or "supports Linux" is somewhat of a sham; one needs only to consider what Intel insiders are saying about that, having witnessed it firsthand



  14. IRC Proceedings: Wednesday, January 13, 2021

    IRC logs for Wednesday, January 13, 2021



  15. Links 13/1/2021: $150 RISC-V Computer With GNU/Linux, Intel Replaces CEO Again, and New Fedora 34 Plans

    Links for the day



  16. Unitary Patent is Dead and Lies About the Unified Patent Court (UPC) Aren't Ending

    Not "Russian agents" but concerned European citizens are beginning to see the truth behind the Unified Patent Court, which the 'media' has wrongly called "Unitary Patent Court" three times in 2 days



  17. InteLeaks – Part XIII: GNU/Linux Documentation From People Who Never Even Use GNU/Linux

    Inside Intel there's a whole bunch of embarrassing secrets about the Developer/Development eXperience ("DX") team; no wonder documentation efforts have been lacking and far too much time wasted putting such documentation together



  18. Links 13/1/2021: Mozilla VPN, NeoChat 1.0.1 and Sci-Hub Under Attack

    Links for the day



  19. IRC Proceedings: Tuesday, January 12, 2021

    IRC logs for Tuesday, January 12, 2021



  20. GNOME Foundation is Still Participating in the Attack on Richard Stallman

    GNOME's supposed 'representatives' (close-knit friends with Microsoft connections) continue to attack RMS (Richard Stallman), the founder of GNU (the G in GNOME) and the Free Software Movement



  21. Links 12/1/2021: GTK 4.0.1 Released, Jailbroken iPhone 7 Running Ubuntu

    Links for the day



  22. InteLeaks – Part XII: Intel Isn't Interested in Improving and Instead It's Shooting the Messengers Who Highlight Areas for Improvement

    It seems rather clear that Intel (quite frankly like many other companies but perhaps even more so than the rest) isn't interested in self-assessment and instead it's looking to muzzle or even oust constructive critics



  23. IRC Proceedings: Monday, January 11, 2021

    IRC logs for Monday, January 11, 2021



  24. Tiger Computing Ltd Afraid of Being Seen as Close to the British Military, Resorts to SLAPP Against Blogger and GNU/Linux Developer

    Tiger Computing Ltd (UK) has resorted to baseless legal threats against critics and sceptics, based on clear and obvious misuse of trademark or copyright laws (they don't even seem to know the difference)



  25. Marketing Companies (Disguised as News Sites) Badmouth Linux, Go, Monero and More

    Another day, another shallow piece associating “Linux” with security risks based on something that has nothing to do with GNU/Linux and generally boils to nothing like a real threat (unlike Windows back doors)



  26. The Media is Slurring and Misleading Linux Users Instead of Just Telling the Mundane and Objective News

    The "big sites" or the so-called 'news' sites seem incapable of just objectively covering the news (in line with journalism/journalistic standards)



  27. Links 11/1/2021: Kdenlive 20.12.1, fwupd 1.5.5, Microsoft Offline Again

    Links for the day



  28. InteLeaks – Part XI: Accountability Issues and Disdain for Views/Opinions of Actual GNU/Linux Users/Developers/Communities

    The truth about internal affairs at Intel and developers' struggle with "low/non-tech involvement," as told by insiders



  29. Links 11/1/2021: Linux 5.11 RC3, Firefox Integrates More Patent Traps

    Links for the day



  30. As Microsoft Windows Drops to Just 30% Market Share the Microsoft-Connected 'Net Applications' Wants You to Think Windows Still Has Over 90% of the Market

    StatCounter says Windows is down to 30% this month (Android is at over 42%) and it’s time to talk about the lies which are still being spread by Net Applications (many so-called ‘news’ sites helped spread those lies last year, including so-called ‘Linux’ sites)


RSS 64x64RSS Feed: subscribe to the RSS feed for regular updates

Home iconSite Wiki: You can improve this site by helping the extension of the site's content

Home iconSite Home: Background about the site and some key features in the front page

Chat iconIRC Channel: Come and chat with us in real time

Recent Posts