The couple donated millions of dollars to Undue Medical Debt, a national nonprofit that helps pay off medical bills. The gift will affect more than 261,000 Californians in medical debt.
    • rainwall ( rainwall@piefed.social ) English
      5·
      1 month ago

      I appreciate this, but am also feeling cynical about it as the California wealth tax is on the ballot this November, and would affect exactly billionaires like him.

      I expect more “multi million I.e 2+ million” giving for PR reasons instead of the 10 million tax that his 2 billion would face at the proposed 5% rate. Things like this make it seem like billionaires are so philanthropic that no tax is required from the “big, bad government.”