MikeK
Gold Member
(Excerpt)
More than three dozen billionaires, including well-known philanthropists like David Rockefeller and Mayor Michael R. Bloomberg of New York and less familiar big donors like Lorry I. Lokey, founder of Business Wire, have promised at least half of their fortunes to charity, joining a program that Bill and Melinda Gates and Warren Buffett started in June to encourage other wealthy people to give.
Billionaires
I find it interesting that this announcement comes about at a time when "Tax The Rich!" is an increasingly common declaration (and gifts to charity are tax deductible).
I can't help being skeptical about this.
More than three dozen billionaires, including well-known philanthropists like David Rockefeller and Mayor Michael R. Bloomberg of New York and less familiar big donors like Lorry I. Lokey, founder of Business Wire, have promised at least half of their fortunes to charity, joining a program that Bill and Melinda Gates and Warren Buffett started in June to encourage other wealthy people to give.
Billionaires
I find it interesting that this announcement comes about at a time when "Tax The Rich!" is an increasingly common declaration (and gifts to charity are tax deductible).
I can't help being skeptical about this.
