If this is the attitude in Europe, no wonder they're screwed

Short version: Bill Gates wants a bunch of rich people to donate half their fortunes to charities. German rich guy doesn't like the idea because
Krämer: I find the US initiative highly problematic. You can write donations off in your taxes to a large degree in the USA. So the rich make a choice: Would I rather donate or pay taxes? The donors are taking the place of the state. That's unacceptable.
A: So it's a bad thing to encourage private charity? Screw you, Krämer. B: Over here, the fact that the state has taken over so much of, intruded into so much of charity work is one of the damned problems: WE DO NOT WANT the state taking over everything.

I guess this one sums up the whole thing to me:
Krämer: It is all just a bad transfer of power from the state to billionaires. So it's not the state that determines what is good for the people, but rather the rich want to decide. That's a development that I find really bad. What legitimacy do these people have to decide where massive sums of money will flow?
Here's an odd thought for you, Krämer: If you earn money, IT'S NOBODY ELSE'S DAMNED BUSINESS, INCLUDING THE STATE'S, WHAT YOU DO WITH IT. Whether you save it, invest it, donate it is YOUR choice.

And that you see someone who worked to become rich giving money away as a bad transfer of power from the state to billionaires is flat insane. Screw you twice.

EUnuchs, indeed; they WANT to hand over everything to the almighty State.