8 O'Clock Buzz

How Taxpayers Support the Charity of Billionaires


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Chuck Collins, Director of the Program on Inequality and the Common Good at Inequality.org talks about his most recent article “Revealing the True Cost of Billionaire Philanthropy“, which describes how some ultra-wealthy make “donations” to private foundations, control the wealth for whatever purpose they see fit, and little, if any, of that money eventually goes to charity — with taxpayers funding their investments.
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8 O'Clock BuzzBy Brian Standing, Haywood Simmons & Michelle Naff, Jan Miyasaki, Tony Castaneda, & Jonathan Zarov

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