AlsoTapered
Bluelighter
- Joined
- Apr 1, 2023
- Messages
- 3,076
Tate brothers donating money for aid in Palestine to help the victims
Well, have pledged to donate. But while I'm not running down ANYONE who gives aid to those in need, I'm also aware that under Romanian law a business can nominate up to 20% of their tax bill to a charity.
So depending upon the turnover of their businesses, it might not actually cost them a penny.
That doesn't mean it's not the right thing to do but people presume that they are giving $200,000 of their post-tax income and unless they state that fact, I would reasonably ask how much they are taking out of their own pockets.
In short, a bit of a PR stunt unless they have quietly been giving 20% of their taxes to nominated charities for years...
I also recall him pledging $100 million to set up a charity to 'protect men from false accusations'. As yet no details of that have emerged.
I have no way of knowing if these statements were made in good faith, but his record isn't exactly spotless when it comes to making such pledges.