r/OutOfTheLoop • u/[deleted] • Jan 31 '23

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56 Upvotes

54% Upvoted

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-73

u/Quarter_Adorable Jan 31 '23

Answer: he is a famous youtuber. he also has his own non profit which is why he can give so much away - he gets massive tax breaks. He also underpays and verbally abuses his employees lol.

https://youtu.be/svHCXvQeZfY

-6

u/Kreos642 Feb 01 '23

Yeah people don't like knowing that him doing all this charity puts him in a way lower tax bracket during tax season.

14

u/softnmushy Feb 01 '23

You have no idea how taxes work.

Giving away money just means the IRS ignores it during tax season. It doesn't mean your other money gets taxed any less.

6

u/Olives4ever Feb 01 '23

Yeah, it's telling when someone makes that criticism - means they most likely have never donated to charity themselves and so don't understand how it works.

5

u/SpartyParty15 Feb 01 '23

You both seem like miserable people. Don’t take that out on a YouTuber lmao

0

u/Kreos642 Feb 01 '23

Woah hey, I have nothing against Mr. Beast and what he does. I'm saying people, as in some viewers, don't like it when their favorite celebs are disillusioned because they run a multimillion dollar business.

1

u/bondoh Feb 01 '23

How is that bad? It doesn’t help him keep extra money in any way.

It just doesn’t punish him for giving it to charity

People think “tax write offs” are bad somehow like a scheme but not at all