The Ralph Nader Radio Hour

The True Cost of Billionaire Philanthropy

Ralph welcomes back Chuck Collins, heir to the Hormel fortune and cofounder of Patriotic Millionaires, to discuss his latest report, “The True Cost of Billionaire Philanthropy,” which asks the question, “Would society be better off if billionaires just kept their money and paid their fair share of taxes?” Plus, we speak briefly about the situation in Gaza with Lara Friedman, president of the Foundation for Middle East Peace, and Francesco DeSantis keeps us up to date with the latest news with his segment, “In Case You Haven’t Heard.”

Chuck Collins directs the Charity Reform Initiative at the Institute for Policy Studies, where he also co-edits Inequality.org. Mr. Collins co-founded the Patriotic Millionaires and United for a Fair Economy, and he is the author of Born on Third Base and The Wealth Hoarders: How Billionaires Pay Millions to Hide Trillions.