Dell Billionaire Philanthropy: $250 for Kids, Millions for Tax Breaks
While $250 seems generous for 25 million kids, let's consider the full picture. The Michael & Susan Dell Foundation holds assets exceeding $2 billion, not to mention Michael Dell's personal net worth of over $100 billion. This initiative, championed by President Trump, is less about leveling the playing field and more about expanding access to the very financial system that allows the ultra-rich
to hoard wealth. One might ask if Dell's significant political donations and lobbying efforts (which benefit his various business interests) are also considered part of his philanthropic portfolio. So, a fraction of a fraction of their wealth for a PR boost? It's a classic move: a small, visible offering to deflect from the systemic inequities that keep fortunes like the Dells' growing. How many
tax loopholes does $250 really close?