215: Are billionaire gifts really gifts, and how nonprofits may be the future of news.
CEO Calls Billionaire Philanthropy A ‘PR Scam.’ Dan Price, founder and CEO of credit-card payment company Gravity Payments, says that billionaire philanthropists who donate lots of money in return for glowing reviews and good press is “one of capitalism’s biggest PR scams.” In Washington state, billionaires pay 3% of their income on taxes while the poor… Read more »