Change Leadership Watch
14.2K views | +0 today
Follow
Change Leadership Watch
How change happens and who is leading it.  For the BEST of the BEST curated news SUBSCRIBE to our monthly newsletter via  Reveln.com/Tools/ (We never SPAM!)
Your new post is loading...
Your new post is loading...
Scooped by Deb Nystrom, REVELN
Scoop.it!

Insight into Taxes & Charity: How Mark Zuckerberg’s Altruism Helps Himself

Insight into Taxes & Charity: How Mark Zuckerberg’s Altruism Helps Himself | Change Leadership Watch | Scoop.it

Mark Zuckerberg did not donate $45 billion to charity. You may have heard that, but that was wrong.  Here’s what happened instead: Mr. Zuckerberg created an investment vehicle.


Excepts:


Mr. Zuckerberg didn’t create [US] tax laws and cannot be criticized for minimizing his tax bills. If he had created a foundation, he would have accrued similar tax benefits. But what this means is that he amassed one of the greatest fortunes in the world — and is likely never to pay any taxes on it. Any time a superwealthy plutocrat makes a charitable donation, the public ought to be reminded that this is how our tax system works. The superwealthy buy great public relations and adulation for donations that minimize their taxes.

Deb Nystrom, REVELN's insight:

Things are not always as they seems in philanthropy among the top 1%.  It's important to look into the story to understand what that means to our government systems and how it impacts us. ~  Deb

more...
No comment yet.
Scooped by Deb Nystrom, REVELN
Scoop.it!

Netflix CEO posts a growth Facebook status update, Social Media Power and Transparency

Netflix  CEO posts a growth Facebook status update, Social Media Power and Transparency | Change Leadership Watch | Scoop.it

It’s quite telling that, after the SEC cleared CEO Reed Hastings’ Facebook post in April, the lede to the Wall Street Journal’s story read, “CEOs of the world, start tweeting.”


Instead of discussing the penalties Hastings could have faced or introducing more social media fears, WSJ’s angle essentially charged executives with a new job requirement: social media.

Deb Nystrom, REVELN's insight:

CEO Hastings Facebook post, “monthly viewing exceeded 1 billion hours for the first time ever," was on the line for SEC violations.  

He dodged that bullet and in doing so, he may be ushering in mainstream social media  communication with customers, employees, and partners, and ....shareholders.  


It's the conversation, baby! ~  D

more...
No comment yet.