Thursday, August 4, 2016

The Ultimate Hypocrites: Ultra-Wealthy Donors

Kaz Vorpal, CC 2.0
Bill Gates and Warren Buffett urge other wealthy people to sign The Giving Pledge: a promise to give half their wealth to charity. Sounds generous but it's infinitely stingier than most people's charitable giving. In my article today, I argue that before urging the middle class to give, the wealthy---for example the countless celebrities that headline fundraisers--should donate all their assets to charity except what they need to live a lifestyle equal to those they want to help, that is; take a vow of poverty.

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