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Money and Finances
Reply to "Can I afford a 1.8M house?"
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[quote=Anonymous]So what’s better for society? Wealthy person A donates $50M to establish a school for underrepresented minorities to learn STEM, internships, etc OR paying $50M in estate taxes. You can’t possibly imagine the government will be more efficient with those funds. I agree there should be some estate tax, but the problem with society isn’t the families with 10-100m, it’s the families with tens of billions of more. I would argue it’s more efficient for the government to incentivize charitable giving more than they currently do from a tax/estate plan. Congress is inept, thanks to Trump, its only gotten worse. [/quote]
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