EditorsAbout the SiteComes vs. MicrosoftUsing This Web SiteSite ArchivesCredibility IndexOOXMLOpenDocumentPatentsNovellNews DigestSite NewsRSS

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 this post: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • del.icio.us
  • Reddit
  • co.mments
  • DZone
  • email
  • Google Bookmarks
  • LinkedIn
  • NewsVine
  • Print
  • Technorati
  • TwitThis
  • Facebook

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 1/10/2014: OPNFV Goes Public, PDF Reader Pullout

    Links for the day



  2. Links 29/9/2014: OpenDaylight Helium Release

    Links for the day



  3. European Patent Office Disorganisation: Problems With the Audit Mechanisms - Part IV

    A prelude to a long article about a thug called Topić, his controversial Battistelli-sponsored appointment, and the removal of auditory functions by Battistelli



  4. More Good News About Demise of Software Patents and Along With Them, Consequently, Patent Trolls

    A weekly roundup of news about patents in the United States and elsewhere, with special focus on software patents



  5. IRC Proceedings: June 22nd, 2014 – September 13th, 2014

    Many IRC logs



  6. Links 28/9/2014: Moto X, End of OpenSUSE 11.4

    Links for the day



  7. CBS Continues to Get Heavily Occupied by Microsoft Staff to Spread Microsoft Propaganda

    The CBS-owned ZDNet continues to hire people who have worked or are currently working for Microsoft and unsurprisingly enough they use their newly-acquired positions to praise Microsoft and bash Microsoft's competition, usually with no disclosure of their conflict of interest



  8. Links 27/9/2014: Linux (Almost) Everywhere, Features Of Linux 3.17

    Links for the day



  9. Microsoft Fakes 'Charity' and Uses Religious Groups to Acquire Lock-in in the Public Sector

    Microsoft's involvements with NGOs and with governments lead to more distrust, more surveillance, less freedom, and ultimately systemic corruption



  10. Bill Gates' Privatisation Crusade

    Mr. Gates, seeking to increase his huge profits and political power, reaches out to Catholic leaders and David Christian



  11. Tux Machines Under DDOS Attack

    Most of Tux Machines continues to work as usual, but some parts are temporarily restricted to keep the server running



  12. Links 26/9/2014: LibreOffice Celebrations, Betas of *buntu

    Links for the day



  13. Links 25/9/2014: KDE Roadmap, Bash Bug, GNOME 3.14 in Next Fedora

    Links for the day



  14. Links 24/9/2014: GNOME 3.14 Released, Bash Has a Bug

    Links for the day



  15. Links 21/9/2014: Fedora 21 Alpha

    Links for the day



  16. More of Bill Gates' Investments in GMO and Mass Indoctrination Under the Disguise of 'Donations'

    Microsoft's arrogant and famously corrupt co-founder is taken to task by those whom he is trying to bamboozle for monopoly, unlimited cross-generational power, and never-ending profit without risk



  17. Home Depot Confirmed a Victim of Microsoft's Bad Security, Microsoft Lays Off Security-Related Staff

    News reports circulate showing that Home Depot was knowingly careless with its Windows dependency while Microsoft lays off staff focused on security



  18. European Patent Office/Organisation - Suspicion of Improper Collusion Between EPO President and Chairman of the Administrative Council: Part III

    A preliminary look at Battistelli's reign and how regulatory powers got abolished, leaving the EPO reckless and largely unaccountable



  19. Links 21/9/2014: xorg-server 1.16.1, Linux Kernel 3.16.3

    Links for the day



  20. Links 20/9/2014: GNOME 3.13.92, Android L

    Links for the day



  21. Scanning Patent Troll Implodes; Is the Podcasting Patent Troll Next?

    MPHJ loses and Personal Audio LLC perhaps wins for the last time since software patents are quickly losing legitimacy in the United States



  22. If CAFC is Not Above the Law, Then it Should be Shut Down Now

    A long series of abuses in CAFC may as well suggest that this court has become broken beyond repair



  23. The Latest From Microsoft Patent Trolls and Patent Partners

    Microsoft-linked and Linux-hostile trolls continue their relentless attacks (albeit with little or no success) while patents as a weapon lose their teeth owing to a Supreme Court ruling



  24. Microsoft Proves That Its Massive Layoffs Are Not About Nokia

    Microsoft is laying off a lot of employees who have nothing at all to do with Nokia



  25. Links 19/9/2014: Another Red Hat Acquisition, Netflix Dumps Microsoft Silverlight and Brings DRM to WWW

    Links for the day



  26. Links 18/9/2014: Windows Copying GNU/Linux, Germany Moves to Security

    Links for the day



  27. Web Site 'Patent Progress' Now Officially 'Powered by CCIA' (FRAND Proponent, Microsoft Front)

    After talking a job at CCIA, "Patent Progress" and its chief author should be treated as dubious on real patent progress



  28. Articles About the Death of Software Patents in the United States

    Recent coverage of software patents and their demise in their country of origin, where even proponents of software patents are giving up



  29. The Death of Software Patents is Already Killing Some Major Patent Trolls

    VirnetX seems to be the latest victim of the demise of software patents in the United States



  30. More Microsoft Layoffs

    More Microsoft layoffs go ahead as the company is unable to compete


CoPilotCo

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

CoPilotCo

Recent Posts