Why Even Good Billionaires Are Bad

9

Billionaires aren’t necessarily bad people. Some give to charity and aren’t opposed to higher taxes. Others make great lipstick. But how invested in change are the so-called benevolent billionaires? Newsbroke unpacks the myth of the “good billionaire” and asks: Is it ever OK to have so much wealth in a time of unprecedented inequality? #inequality #billionaires #wealth

Here’s some of our research:

Abolish billionaires:

Billionaires: the richest people in the world:
https://www.forbes.com/billionaires/

AOC’s policy adviser makes the case for abolishing billionaires:
https://www.vox.com/future-perfect/2019/7/9/20681088/alexandria-ocasio-cortez-dan-riffle-billionaire-policy-failure

How Mark Zuckerberg’s altruism helps himself:

How Microsoft moves profits offshore to cut its tax bill:
https://www.seattletimes.com/business/microsoft/how-microsoft-parks-profits-offshore-to-pare-its-tax-bill/

Aims of donor are shadowed by past in coal:

The trouble with charitable billionaires:
https://www.theguardian.com/news/2018/may/24/the-trouble-with-charitable-billionaires-philanthrocapitalism

Sanders plan raises taxes $15 trillion, slams capital gains and charitable giving of rich:
https://www.forbes.com/sites/janetnovack/2016/03/04/sanders-plan-raises-taxes-15-trillion-slams-capital-gains-and-charitable-giving-by-rich/#19a28ffe7c3c

The 3 richest Americans hold more wealth than bottom 50% of the country, study finds:
https://www.forbes.com/sites/noahkirsch/2017/11/09/the-3-richest-americans-hold-more-wealth-than-bottom-50-of-country-study-finds/#e450def3cf86

(The opinions expressed on Newsbroke are those of the creators and do not necessarily reflect the editorial policies of AJ+.)

Subscribe for more videos: https://ajplus.co/subscribe

Follow us on Instagram: https://www.instagram.com/ajplus/
Like us on Facebook: https://www.facebook.com/ajplusenglish
Follow us on Twitter: https://twitter.com/ajplus

Source Video URL

LEAVE A REPLY

Please enter your comment!
Please enter your name here