Didn’t Andrew Carnegie, the very definition of rich and difficult to work for spend a huge chunk of his fortune funding 3000+ libraries?
Not undercutting the role of libraries, just pointing out that philanthropy from the wealthy can be a mixed bag of indirect control and agenda pushing at times, wrapped up in tidy looking tax avoidance multi layered "charity" arrangements.
Also, as long as the outcomes are good, I personally don't care one iota whether a person is doing them for the wrong reasons.
People can be rich and try to do the right thing even if there seems to be no direct economic incentive to do so — and I applaud them if they do realize that money alone doesn't create a meaningful life. Yet I don't need to wonder whether a normal tax rate on billionaires would do even more for the libraries.
I agree that tax rates should be higher, but I have absolutely no faith that politicians will do a better job stewarding money toward good causes than a billionaire who cares about them (and/or wants to brag about their philanthropy for clout)
Why? Why isn't reducing waste ever an option?