Amazon CEO Jeff Bezos announces $2B Bezos Day One Fund, which will create a network of nonprofit preschools and fund charities that help homeless families
is this better than just taxing the wealth of the richest man in the world, and making that money democratically accountable? https://twitter.com/... Laszlo Bock / @laszlobock : Bravo @JeffBezos. I wish more tech billionaires would follow your and @BillGates lead. Focusing on present problems like pre-school and sanitation does far more good for the world than floating cities and flying cars. This is a great start. http://twitter.com/... Dare Obasanjo / @carnage4life : This tweet seems really insightful until you do a bit of research and realize the repealed tax was expected to generate $75 million for the homeless and Bezos paid over 25x that with a personal donation. Outrage inducing yet bogus click bait like this is why I blocked HuffPo http://twitter.com/... Paul Blumenthal d / @paulblu : Bezos (worth $160+b) will fund homeless charity with donations he can deduct from his taxes after forcing Seattle to repeal a tax on his company that would have funded help for homeless. Seattle, meet your feudal lord. http://twitter.com/... Marina Hyde / @marinahyde : A philanthropist, but the kind that treats his own poorly-paid warehouse workers shockingly. Which is to say: a fauxlanthropist. https://twitter.com/... Delete Your Account / @deleteuracct : Jeff Bezos dramatically and loudly gives his pocket change to the homeless, desperately scanning for looks of admiration from passers-by. http://twitter.com/... Kari Paul / @kari_paul : what if, instead, every year we made him pay a large portion his $163 billion wealth and distributed it to existing schools in his area and around the country. We could call it something wacky like “taxes.” http://twitter.com/... Molly Wood / @mollywood : But also, after the Gates Foundation essentially re-writing the rules of education and giving us Common Core, then giving UP on education as too hard to solve ... it makes me nervous when individual billionaires try to pick a “right” way to educate. http://www.latimes.com/... Molly Wood / @mollywood : As many of you pointed out, and I thought, too, Amazon also could pay its own workers better, and could pay its taxes, thus helping to fund schools and shelters. Granted, that does rely on functioning governments. Which ... http://www.theverge.com/... Drew Harwell / @drewharwell : Bezos committing $2 billion to non-profits for homeless families and preschools in low-income communities. That's 8x what he spent to buy Washington Post https://twitter.com/... Dieter Bohn / @backlon : Not to take away from Bezos finally doing some big charity stuff here, but can we NOT view EVERYTHING through the lens of “the customer” please? Not everything is a capitalistic exchange. Especially education (also healthcare) https://www.theverge.com/... Emily Kopp / @emilyakopp : Will this be a donor-advised fund? An LLC? https://twitter.com/... Teddy Schleifer / @teddyschleifer : Reminder: Bezos, with a net worth of $163 billion, has not signed the Giving Pledge like so many other of the world's wealthiest have.Today he's allocating 1.6% of his assets to charity. Teddy Schleifer / @teddyschleifer : Bezos was a few days away from another round of stories on: Why is he still stalling?Said at the beginning of the summer that he would release plans by the end of the summer. That's next week. http://twitter.com/... Teddy Schleifer / @teddyschleifer : Richest man in world finally decided to start spending his money on philanthropy.$2 billion here to preschools and to combat homelessness. http://twitter.com/... Ryan Mac / @rmac18 : The $2 billion that Bezos is committing to fund existing non-profits for homelessness and build a new network of preschools is 1.2% of his current net worth.http://twitter.com/...