Microsoft co-founder Bill Gates and Linus Torvalds, the creator of the Linux kernel, have surprisingly never met before. That all changed at a recent dinner hosted by Sysinternals creator Mark Russinovich.
The worlds of Linux and Windows finally came together in real life, and Dave Cutler, Microsoft technical fellow and Windows NT lead developer, was also there to witness the moment and meet Torvalds for the first time. “No major kernel decisions were made,” jokes Russinovich in a post on LinkedIn.
[Image: Bill Gates and Linus Torvalds meet for the first time. https://platform.theverge.com/wp-content/uploads/sites/2/2025/06/1750435121315.jpg?quality=90&strip=all]
Bill Gates and Linus Torvalds have apparently never met in person before, despite their pseudo-rivalry.
It’s more nuanced though. Here’s how rich people use charities to gain wealth:
Rich person has tons of money that would be taxed if bill Y passes. Rich person creates a charity and donated 20% of what they would had to pay to the IRS to the charity, with that money the charity uses half for good causes and half is given to X lobby company, which then lobbies politicians to avoid passing that bill.
In the end, the rich person saved 80% of what they would had to pay.
Yeah, 10% went to good causes but imagine what the society could afford if 100% went through instead of 0.
This is a very rough outline of how they do it, but the summary is that they use charities to donate to lobbies while skipping taxes on the donation itself.
Because they are tax avoidance mechanism first and charity seconds.
Money is a brokering system of power, charitues being tax free makes these entities unaccountable to democratic institurions.
That’s how we ended up with this infection of corrupt megachurches.
The “prosperity gospel” is billionaire-serving propaganda. It empowers their formation, growth and necessary abuses that come from such widespread exploitation.
The point here is that in many jurisdictions doing charity exempts you from certain taxes, and it is possible to shuffle money around under the disguise of philanthropy while still getting all the financial benefits like an actual charity
It’s still giving money away though? Why would you want there to be taxes on charity?
Giving away money? You sweet summer child.
Research don’t want “his” (the foundations) money, it comes with so many strings attached all your lives work now belongs to the B&M foundation.
It’s more nuanced though. Here’s how rich people use charities to gain wealth:
Rich person has tons of money that would be taxed if bill Y passes. Rich person creates a charity and donated 20% of what they would had to pay to the IRS to the charity, with that money the charity uses half for good causes and half is given to X lobby company, which then lobbies politicians to avoid passing that bill.
In the end, the rich person saved 80% of what they would had to pay.
Yeah, 10% went to good causes but imagine what the society could afford if 100% went through instead of 0.
This is a very rough outline of how they do it, but the summary is that they use charities to donate to lobbies while skipping taxes on the donation itself.
It’s the US, so more weapons I presume.
That’s the sentiment that allows these rich fucks to avoid paying taxes without big backlash. First focus on collecting, then on spending…
Because they are tax avoidance mechanism first and charity seconds.
Money is a brokering system of power, charitues being tax free makes these entities unaccountable to democratic institurions.
That’s how we ended up with this infection of corrupt megachurches.
The “prosperity gospel” is billionaire-serving propaganda. It empowers their formation, growth and necessary abuses that come from such widespread exploitation.
The point here is that in many jurisdictions doing charity exempts you from certain taxes, and it is possible to shuffle money around under the disguise of philanthropy while still getting all the financial benefits like an actual charity
Amen