So… wtf is the problem? They’re donating. Why aren’t you happy?
It’s another way billionaires are taking away power from the common people. They are donating money and reducing their taxes by doing so. What it effectively means is that instead of the democratically elected government deciding on what causes that money is spent on, the billionaires get to decide instead.
More like billionaires donating ‘charities’ that push a certain agenda, e.g. the NRA, instead paying taxes that can be spent on things likje public schools or libraries.
Or they just create their own ‘charity’ that supports whatever political goals they have.
Philanthropy doesn’t actually do anything to address the issues in tangible terms. Not only that, but the problems that it’s meant to address are actually caused by the very people using philanthropy as PR for themselves. https://news.stanford.edu/stories/2018/12/the-problems-with-philanthropy