The best to those who want better policing here. The hell with tax deductibility for any and all think tanks. The waters are real toxic. This Ben Boychuk is a real tool:
Without a doubt, Americans are the most generous people on earth. Even in a sluggish economy, people are willing to dig deep for a good cause – or just about any cause, come to think of it. Americans’ charitable giving underscores a truth as old as the republic: Government cannot, and should not, do everything. There are a whole host of social functions in this relatively free, mostly open, more or less self-governing society simply better left to private associations – or put more simply, you and me.
Government encourages people to be charitable by letting them deduct their contributions from their taxes. Here’s where things get unpleasantly political, because some nonprofit groups engage not so much in feeding the poor or curing disease, but spreading ideas. And ideas are nothing if not controversial.
...Some self-styled liberals would do away with such nonprofits altogether. Robert Reich, Bill Clinton’s former secretary of labor, groused recently how America’s wealthiest 20 percent benefited from $33 billion of nearly $40 billion in charitable deductions last year. Those rich folks aren’t just giving to think tanks. They’re also underwriting colleges and universities, hospitals, and the arts.
...Oh, but it gets worse. Sen. Elizabeth Warren, the Massachusetts Democrat who has set progressive populists’ hearts aflutter, would very much like to intimidate businesses into cutting back their contributions to think tanks whose work she dislikes. Warren earlier this month sent a letter to six of the largest banks in the country, suggesting they “disclose” their contributions voluntarily – or else.
...In the face of charitable persuasion, coercion seems to be all they have left.
No comments:
Post a Comment