Talk of The Villages Florida - View Single Post - What are rich black people doing to help black people?
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Old 06-26-2020, 07:02 PM
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Originally Posted by Northwoods View Post
I actually believe that there are many black athletes, black people in the entertainment industry (Oprah and Tyler Perry come to mind) and wealthy black businessmen that contribute a lot of money to poor communities. I know there are some great stories...
You are missing my point. Charities don't create jobs, they create dependence. Plus a donation to a charity is tax deductible, backing an aspiring business person puts your money at risk and no tax deduction.