November 28th, 2013
So should multi-millionaires and billionaires also pay higher taxes, as Warren Buffett believes? Skoll argues that those who are fortunate enough to have accumulated great wealth have an obligation to give back to society. "If everybody were philanthropic, like a Bill Gates, Pierre Omidyar or Warren Buffet, we wouldn't have to tax people to do the right thing", Skoll reflected. "But in the absence of some compelling force that would get people to give, I think those that have should pay at least their fair share and probably even more. It's in everybody's interest."
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The Australian Government has announced a review of the Australian Charities and Not-for-profits Commission (ACNC) legislation.
Advocacy & Insight Manager, Krystian Seibert, outlines Philanthropy Australia's engagement with the review.