We have laws in this country to prevent foundations from using charity for personal gain.
So why does our Congress allow Bill Gates to think–and behave–as if he is above the law?
As revealed by investigative journalist Tim Schwab in his recent articles “Bill Gates Gives to the Rich (Including Himself)” and “While the Poor Get Sick, Bill Gates Just Gets Richer,” Gates has pioneered “a new model of charity in which the most direct beneficiaries are sometimes not the world’s poor but the world’s wealthiest, in which the goal is not to help the needy but to help the rich help the needy.”
Gates has used the power of his more than $100 billion fortune to become a global dictator, manipulating Congress, the United Nations, the World Health Organization and the media to shape agriculture and public health policy in ways that impact us all.
This has got to stop! The law must be changed to stop the Internal Revenue Service from allowing charitable donations to for-profit companies.
Under the tax code, foundations that use charity for personal gain lose their tax-exempt status. What we need now is for the government to enforce the law.