Ummm.... most people don’t give $50 to help to the homeless. 60% of US households give SOME form of charitable donations regularly- but of that 60%- a third of those at least, do not give every year. What’s more- the average amount per donation has decreased over the past decades.
Keep in mind- that is 60% of HOUSEHOLDS- NOT 60% of PEOPLE. Also note- that figure is based on tax data and survey data- so the accuracy is not precise and the figure INCLUDES time volunteered (which is neither tax deductible nor a monetary donation.)
Lastly- very important... a man WORTH that much giving away $100 million is NOT the same as $50 to someone MAKING $50k. Your WORTH includes your properties, your retirement assets etc. so if you MAKE $50k a year, have a home- let’s say worth $200k, maybe $100k let’s say in a 401k.... your WORTH without savings or anything else is going to be $350k this year. It’s also important to note that his salary is about $80k a year from his job. Most of his other wealth is in stocks.
That means that it’s only worth whatever it is worth on the day that he sells the stocks. He doesn’t actually have the money sitting around. What’s more- if you buy a bunch of stock for $100 a share and it suddenly is worth billions- when you sell it- you’ll have something called capital gains tax. That tax can be on average 15-30% of the profit. Most people do what they can to minimize the taxes or avoid them- one way for example would be if you sold stocks to build a home for yourself.
Bezos is worth a lot. He’s also very wealthy. But most people don’t really understand what wealthy is. Ironically- not understanding money and finance is part of what keeps many people from becoming wealthy or keeping wealth. But $100 million is more than most people will give to charity in their lifetimes. Honestly- it’s probably part of a tax dodge regardless- but we see from our tax data that 60% of American households report charitable contributions for taxes- so he’s not really doing anything there that more than half of America isn’t.
In regardle to the comparison, how do you know that the person could afford to part with more than $45?
In regards to Bezos, it's his money, if he only wants to give away the equivalent of pocket change, he's allowed to. The organizations who received it are probably grateful either way.
The mindset that the rich need to give away more of their money, (while understandable), sickens me. Even though they probably could afford to give away 90% of their wealth, if you don't want to be told what to do with your money, you don't get to tell them what to do with theirs. Sure you probably can't afford to part with $45 dollars, but you don't get to judge if the wealthy have given away enough of their own income either.
In regards to Bezos, it's his money, if he only wants to give away the equivalent of pocket change, he's allowed to. The organizations who received it are probably grateful either way.
The mindset that the rich need to give away more of their money, (while understandable), sickens me. Even though they probably could afford to give away 90% of their wealth, if you don't want to be told what to do with your money, you don't get to tell them what to do with theirs. Sure you probably can't afford to part with $45 dollars, but you don't get to judge if the wealthy have given away enough of their own income either.
Stop being ungrateful little shit.