He has almost all of it being donated at his death. That which isn’t donated is subject to inheritance tax and then gets a stepped up cost basis. It would be terrible financial decision for someone that rich to cash out stock in sound investments when that stock will all be donated at his death.
You are making up data about topics you don’t understand very well. Don’t do that. The Donald is (real) data driven and fact based.
He has promised to transfer his money to the charity he has said up with his wife Melinda, The Bill and Melinda Gates Foundation, which funds health and education projects around the world.
He's donating it so there's no taxes and his family will still be in charge of the money and I'm sure they can pay themselves any salary/launder money as they please. Classic move by billionaires cough Clinton foundation cough
I find these Dr. Evil schemes a little absurd. He likes to talk techno smack because his handlers aren't going to step up and tell him he's full of shit going from one snake oil ted project to another. The main show is when all this foundation money transfers when he croaks and society is permenantly destroyed by his wife's permenant social Marxism with unlimited political control
He like many others did this... to also cash out any stocks he had
Would still be illegal if he had insider information, because he's not a member of congress. ;)
Does knowledge that Wu Flu would damage the economy really count as "insider information"?
He has almost all of it being donated at his death. That which isn’t donated is subject to inheritance tax and then gets a stepped up cost basis. It would be terrible financial decision for someone that rich to cash out stock in sound investments when that stock will all be donated at his death.
You are making up data about topics you don’t understand very well. Don’t do that. The Donald is (real) data driven and fact based.
Yeah he's donating (most)all of his money to the Bill & Melinda Gates foundation upon his death...
link
The article says, "Bill Gates pledges to leave his £30billion fortune to charity... rather than his children."
Must be true then.
It reminds me of the stickers on my milk that say my farmers pledge not to use hormone laced drugs on their dairy cows.
Fake news.
He's donating it so there's no taxes and his family will still be in charge of the money and I'm sure they can pay themselves any salary/launder money as they please. Classic move by billionaires cough Clinton foundation cough
I find these Dr. Evil schemes a little absurd. He likes to talk techno smack because his handlers aren't going to step up and tell him he's full of shit going from one snake oil ted project to another. The main show is when all this foundation money transfers when he croaks and society is permenantly destroyed by his wife's permenant social Marxism with unlimited political control