Elon Musk ready to help WFP to solve world hunger but wants proof

[TaylorSwift 162,389]

Elon Musk, the world’s richest man, challenged a United Nations official’s claim that just a small percentage of his wealth could help solve world hunger.

David Beasley, director of the UN’s World Food Programme, said: Just $6 billion could keep 42 million people from dying.

If the World Food Programme, using transparent and open accounting, “can describe on this Twitter thread exactly how $6B will solve world hunger, I will sell Tesla stock right now and do it,” Musk wrote in a Twitter post. 
source
 

 

 

[LDGA 1,260]

Lmao, i am 100% no one is going to answer that since most of those organizations are scared of "open source accounting". 

This goes straight up to the top 5 of best clapbacks of the year.

[PartySick 172,486]

And suddenly I hate Elon a little bit less.

It's still a deep, deep hatred though, as every billionaire deserves 

[Delulu Rogers 7,662]

I’m glad he called them out. We all know that even if he did give the 6 billion world hunger would not be solved. And the 8.4 billion raised is proof of that. 

[Sneaky Oliver 22,973]

Well he can still donate 6B anyway though  people starving to death is a reason good enough to do it instead of a tweet! Especially if it’s just 2% of your wealth… 

that being said, I don’t agree with the “let’s hate billionaires for the sake of it” thing going on. I mean, a billionaire is not the issue, the system is. A billionaire is just the result of what the system does. 

[Petie Estie 5,704]

13 minutes ago, Sneaky Oliver said:

Well he can still donate 6B anyway though  people starving to death is a reason good enough to do it instead of a tweet! Especially if it’s just 2% of your wealth… 

that being said, I don’t agree with the “let’s hate billionaires for the sake of it” thing going on. I mean, a billionaire is not the issue, the system is. A billionaire is just the result of what the system does. 

Okay at some point it's people though. Billionaires create and maintain their systems of power. 

[Chromatography 10,186]

17 minutes ago, Sneaky Oliver said:

Well he can still donate 6B anyway though  people starving to death is a reason good enough to do it instead of a tweet! Especially if it’s just 2% of your wealth… 

that being said, I don’t agree with the “let’s hate billionaires for the sake of it” thing going on. I mean, a billionaire is not the issue, the system is. A billionaire is just the result of what the system does. 

no one morally sound becomes a billionaire. it’s full of exploitation on the way to the top 

[Luc 4,776]

He's putting 'exposing' them above actually contributing to a solution to world hunger. The problem is not that these people misrepresent statistics to get more attention to two of the biggest problems (wealth inequality and hunger), the problem is wealth inequality and hunger and misrepresenting statistics or bombastic headlines is, in today's world, a way to get to a solution. Because even if it's not 6 billion, it may even be 25 billion or more, but that's still money he has. That's the point of the statistic, not that it's specifically 6 billion, but that the richest people on earth have enough money to solve a problem like this without actually hurting their purchasing power.

[funkmedowntown 1,183]

Billionaires really aren’t the biggest players or the most able to help. Did you know the US Gov operates in the trillions of dollars every year? 

[StarstruckIllusion 53,564]

6 hours ago, LDGA said:

Lmao, i am 100% no one is going to answer that since most of those organizations are scared of "open source accounting". 

This goes straight up to the top 5 of best clapbacks of the year.

This isn’t a clapback. World hunger is more than twitter shade. This fear is sad if true tho. Everyone deserves that transparency and someone should actually do it - governments and companies could have corrupt it. 

If it was all a lie, **** whoever started it 

[HEARTSTOP 3,154]

Funny that regular Americans pay up to 50% in income taxes while this guy gets stingy about using 2% of his money to *maybe* solve world hunger, all the while paying 0-3% of income taxes lol

Used 5 billion from US government grants but thinks billionaires being charged 20% income taxes (much lower than most other classes) is unfair "because they generate employment" and "the government uses the money for the wrong things" - is this a self-roast? 

Exploitative to the max, but then gives 150M$ (less than 0.0005% of his money) to charity as a tax write-off so he doesn't have to pay taxes, all the while getting good publicity.

This year, there was a time that he gained 35 billion in just a single day, but sure, 6 billion is way too much to help 42 million people not die of hunger. If he doesn't like the WFP accounting and clarity, he has more than enough means to do it himself. But he won't, because he only cares about attention that will make his stocks go up.

[Hecturr 1,937]

25 minutes ago, HEARTSTOP said:

 

This year, there was a time that he gained 35 billion in just a single day, but sure, 6 billion is way too much to help 42 million people not die of hunger. If he doesn't like the WFP accounting and clarity, he has more than enough means to do it himself. But he won't, because he only cares about attention that will make his stocks go up.

Although I do agree him and all other billionaires should be paying at least 25% tax MINIMUM, he himself does not have 35 billion to spend just like that. He would have to sell his stocks in order to gain that kind of money. I'm not sure what they would tax him if he did it but I assume even him cant sell that much stock without paying some sort of tax? 

[HEARTSTOP 3,154]

44 minutes ago, Hecturr said:

Although I do agree him and all other billionaires should be paying at least 25% tax MINIMUM, he himself does not have 35 billion to spend just like that. He would have to sell his stocks in order to gain that kind of money. I'm not sure what they would tax him if he did it but I assume even him cant sell that much stock without paying some sort of tax? 

They usually don't sell stock. They ask banks for credit at incredibly low interest because they have all that "security" in the form of stocks. This way, the amount they pay is infinitely smaller than what they would have to pay if they actually had that money, the big difference is that instead of the taxes going to the government that is using them to help society, the samller amount of interest goes to a bank that is probably only getting some other billionaire at the top richer. It's amazing that this way they can be earning hundreds of billions and still declare they are losing money to the government (and maybe even get some grants).

I understand that he doesn't have that exact amount of money, but normal people also have to pay taxes over their unrealized gains (properties etc). It's just these on the top that for some reason have special protections.

The law they were trying to pass would only take into account gains year-over-year, and if they had a loss, they could use that as a write-off. For example, if they earned 10B$ this year, they would have to pay 2B$ in taxes, even if their total unrealized gains go over 200B$. If for some reason these 200B$ were lost, and after a year they had "only" 150B$ left, they could declare the 50B$ loss as a write-off, probably excluding them from paying taxes, or even getting some back from the government.

[gumzy3000 7,898]

It would be great to see how these charities actually spend their money. Like do they just give bags of rice and flour to hungry people? 

Wouldn't it be better if it was invested in schools or agricultural programs? I feel like the money could be spent in better ways and if anyone is donating, they should expect some transparency. I don’t see anything wrong with this at all.  

Sidenote - most corporate charities are just used for tax purposes anyways so I never feel bad saying no when I go to Whole Foods and they ask if I want to donate to their charity. 

[Defmix100 7,048]

6 hours ago, Chromatography said:

no one morally sound becomes a billionaire. it’s full of exploitation on the way to the top