Vanity projects or ways for rich people to defer more money they should be payin... | Hacker News

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		seanp2k2 on May 12, 2017 \| parent \| context \| favorite \| on: Recovering from Burnout and Depression Vanity projects or ways for rich people to defer more money they should be paying as tax to orgs run by / made up of their friends & family.

neuromantik8086 on May 12, 2017 [–]

True, although using non-profits for tax evasion doesn't really work out that well if you die. iirc, HHMI was originally supposed to be a tax evasion vehicle, but started becoming a serious research venture after Howard Hughes expired.

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