Sunday, August 21, 2011

"I believe my business and investments in non-profits
that give me awards are much more beneficial to societal
well-being than sending more money to Washington."

2 comments:

Suzan said...

"Non-profit" in this case, of course, means that they pay no taxes.

They pocket all the profits and use the tax law to form foundations that don't pay taxes while enriching the owners hugely.

Thanks for the reporting!

S

Fearguth said...

You don't become a billionaire without knowing how to game the system.