You are 100% correct that many billionaires do that. As cogman mentioned above, having a “charity” that you run yourself as a billionaire is absolutely a common tax scam. That’s not what she’s doing though. She’s actually spending the money.
Also in terms of marketing, like, are you serious? Her music speaks for itself to her fans, they don’t care about any of this. My words here aren’t going to influence someone to go listen to her music or buy a concert ticket. To believe that they could is simply ludicrous.
As a US citizen, she is only allowed to claim donations to charities registered in the US. The $100k she just dropped in Melbourne, Australia wouldn’t be eligible for example. Therefore it’s not free PR, she actually paid about $100k for it.
A lot of billionaires do donate sums like these without direct personal gain. They also have more complex tax optimization/scams going on. None of that means they are virtuous people, and neither is taylor swift. She’s just like any other billionaire.
You are 100% correct that many billionaires do that. As cogman mentioned above, having a “charity” that you run yourself as a billionaire is absolutely a common tax scam. That’s not what she’s doing though. She’s actually spending the money.
Also in terms of marketing, like, are you serious? Her music speaks for itself to her fans, they don’t care about any of this. My words here aren’t going to influence someone to go listen to her music or buy a concert ticket. To believe that they could is simply ludicrous.
It’s not a literal tax scam, it’s just free PR due to tax reasons. You donate and you pay less tax
As a US citizen, she is only allowed to claim donations to charities registered in the US. The $100k she just dropped in Melbourne, Australia wouldn’t be eligible for example. Therefore it’s not free PR, she actually paid about $100k for it.
$100k is equivalent to 6 dollars for a normal person
Cool. I acknowledged that way further up thread. That doesn’t mean you aren’t wrong friend.
A lot of billionaires do donate sums like these without direct personal gain. They also have more complex tax optimization/scams going on. None of that means they are virtuous people, and neither is taylor swift. She’s just like any other billionaire.
The misogyny in this thread reeks.