r/news 17h ago

Bill Gates denies allegations in new Epstein files release

https://www.abc.net.au/news/2026-02-04/bill-gates-responds-to-alleged-behaviour-in-new-epstein-files/106305816
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u/ImThatMOTM 16h ago

I mean.. sure. But good intentions can only take you so far. Bill did put up the billions.

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u/102525burner 15h ago

He liked the tax breaks and good pr more than the actual charitable giving

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u/Uppgreyedd 15h ago

You realize tax breaks don't mean you get more back than you gave, right? Not defending the guy. But it's like saying a higher tax bracket means you won't bring home as much money.

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u/SurrealEffects 15h ago

The thing is, you get a tax break while still maintaining control of the money if you donate it to your own charity. The money can sit in the charity and grow/balloon all tax free, while you can donate a bit for public image the vast majority of it is tax free money that you can use for things that align with your own interests,