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The rich give to help the rich:
As an article published on Salon recently pointed out, the rich have a tendency to give generously to institutions and endowments that serve “their kind” and not the needy. [A] large portion of the charitable deductions now claimed by America’s wealthy are for donations to culture palaces – operas, art museums, symphonies, and theaters – where they spend their leisure time hobnobbing with other wealthy benefactors. Another portion is for contributions to the elite prep schools and universities they once attended or want their children to attend. (Such institutions typically give preference in admissions, a kind of affirmative action, to applicants and “legacies” whose parents have been notably generous.) Art museums and Ivy League schools need money too, of course, but so do the nation’s hungry and homeless. A dollar donated to an art museum gives you the same amount of tax deductions as one spent at a soup kitchen. The numbers do not favor the poor, either. The Washington Post found that around 70% of all charitable contributions went to charities that do not specifically help the poor. http://tinyurl.com/qhxbmlj -- Religion: together we can find the cure. |
#2
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"F.O.A.D." wrote:
The rich give to help the rich: As an article published on Salon recently pointed out, the rich have a tendency to give generously to institutions and endowments that serve “their kind” and not the needy. [A] large portion of the charitable deductions now claimed by America’s wealthy are for donations to culture palaces – operas, art museums, symphonies, and theaters – where they spend their leisure time hobnobbing with other wealthy benefactors. Another portion is for contributions to the elite prep schools and universities they once attended or want their children to attend. (Such institutions typically give preference in admissions, a kind of affirmative action, to applicants and “legacies” whose parents have been notably generous.) Art museums and Ivy League schools need money too, of course, but so do the nation’s hungry and homeless. A dollar donated to an art museum gives you the same amount of tax deductions as one spent at a soup kitchen. The numbers do not favor the poor, either. The Washington Post found that around 70% of all charitable contributions went to charities that do not specifically help the poor. http://tinyurl.com/qhxbmlj Yup. Like Harvard. $30 billion plus in endowment. $172 million in need based scholarships. One of the stingiest schools in the country. |
#3
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John H. wrote:
On Mon, 16 Dec 2013 11:49:09 -0500, "F.O.A.D." wrote: The rich give to help the rich: As an article published on Salon recently pointed out, the rich have a tendency to give generously to institutions and endowments that serve “their kind” and not the needy. [A] large portion of the charitable deductions now claimed by America’s wealthy are for donations to culture palaces – operas, art museums, symphonies, and theaters – where they spend their leisure time hobnobbing with other wealthy benefactors. Another portion is for contributions to the elite prep schools and universities they once attended or want their children to attend. (Such institutions typically give preference in admissions, a kind of affirmative action, to applicants and “legacies” whose parents have been notably generous.) Art museums and Ivy League schools need money too, of course, but so do the nation’s hungry and homeless. A dollar donated to an art museum gives you the same amount of tax deductions as one spent at a soup kitchen. The numbers do not favor the poor, either. The Washington Post found that around 70% of all charitable contributions went to charities that do not specifically help the poor. http://tinyurl.com/qhxbmlj If you really want to help the poor, return the tax to 91% for the richest Americans; that's where it was shortly after WWII. Then, change the tax rate to 0% for those making under about $100,000 per year. If we did THAT, the poor could help themselves. Handout are band aids, what they need is a transfusion. Nothing will change unless the hoarded money comes back into the hands of people that create jobs. John H. -- Hope you're having a great day! Kevin, you are showing financial ignorance to the max. |
#4
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On 12/16/13, 12:27 PM, Califbill wrote:
"F.O.A.D." wrote: The rich give to help the rich: As an article published on Salon recently pointed out, the rich have a tendency to give generously to institutions and endowments that serve “their kind” and not the needy. [A] large portion of the charitable deductions now claimed by America’s wealthy are for donations to culture palaces – operas, art museums, symphonies, and theaters – where they spend their leisure time hobnobbing with other wealthy benefactors. Another portion is for contributions to the elite prep schools and universities they once attended or want their children to attend. (Such institutions typically give preference in admissions, a kind of affirmative action, to applicants and “legacies” whose parents have been notably generous.) Art museums and Ivy League schools need money too, of course, but so do the nation’s hungry and homeless. A dollar donated to an art museum gives you the same amount of tax deductions as one spent at a soup kitchen. The numbers do not favor the poor, either. The Washington Post found that around 70% of all charitable contributions went to charities that do not specifically help the poor. http://tinyurl.com/qhxbmlj Yup. Like Harvard. $30 billion plus in endowment. $172 million in need based scholarships. One of the stingiest schools in the country. Not to worry, Bilious...an "illegal" took your potential job there, mopping floors. He spoke and understood plain English, skills you are lacking. He *knew* Texas was in "da south." -- Religion: together we can find the cure. |
#5
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"F.O.A.D." wrote:
On 12/16/13, 12:27 PM, Califbill wrote: "F.O.A.D." wrote: The rich give to help the rich: As an article published on Salon recently pointed out, the rich have a tendency to give generously to institutions and endowments that serve “their kind” and not the needy. [A] large portion of the charitable deductions now claimed by America’s wealthy are for donations to culture palaces – operas, art museums, symphonies, and theaters – where they spend their leisure time hobnobbing with other wealthy benefactors. Another portion is for contributions to the elite prep schools and universities they once attended or want their children to attend. (Such institutions typically give preference in admissions, a kind of affirmative action, to applicants and “legacies” whose parents have been notably generous.) Art museums and Ivy League schools need money too, of course, but so do the nation’s hungry and homeless. A dollar donated to an art museum gives you the same amount of tax deductions as one spent at a soup kitchen. The numbers do not favor the poor, either. The Washington Post found that around 70% of all charitable contributions went to charities that do not specifically help the poor. http://tinyurl.com/qhxbmlj Yup. Like Harvard. $30 billion plus in endowment. $172 million in need based scholarships. One of the stingiest schools in the country. Not to worry, Bilious...an "illegal" took your potential job there, mopping floors. He spoke and understood plain English, skills you are lacking. He *knew* Texas was in "da south." What the hell. Is True North who was a floor mopper. And I understand English very well, even have a decent understanding of Spanish. Better to tell the worker what to do. The English speaker like you and Kevin are looking for government handouts, and not paying taxes, instead of looking for work. |
#7
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On Mon, 16 Dec 2013 12:26:46 -0500, John H. wrote:
On Mon, 16 Dec 2013 11:49:09 -0500, "F.O.A.D." wrote: The rich give to help the rich: As an article published on Salon recently pointed out, the rich have a tendency to give generously to institutions and endowments that serve “their kind” and not the needy. [A] large portion of the charitable deductions now claimed by America’s wealthy are for donations to culture palaces – operas, art museums, symphonies, and theaters – where they spend their leisure time hobnobbing with other wealthy benefactors. Another portion is for contributions to the elite prep schools and universities they once attended or want their children to attend. (Such institutions typically give preference in admissions, a kind of affirmative action, to applicants and “legacies” whose parents have been notably generous.) Art museums and Ivy League schools need money too, of course, but so do the nation’s hungry and homeless. A dollar donated to an art museum gives you the same amount of tax deductions as one spent at a soup kitchen. The numbers do not favor the poor, either. The Washington Post found that around 70% of all charitable contributions went to charities that do not specifically help the poor. http://tinyurl.com/qhxbmlj If you really want to help the poor, return the tax to 91% for the richest Americans; that's where it was shortly after WWII. Then, change the tax rate to 0% for those making under about $100,000 per year. If we did THAT, the poor could help themselves. Handout are band aids, what they need is a transfusion. Nothing will change unless the hoarded money comes back into the hands of people that create jobs. John H. -- Hope you're having a great day! Hell yes, give the poor a *bunch* of money. That'll teach them to 'fish'. You liberals have one big problem. You're friggin' jealous. That's a bitch. John H. -- Hope you're having a great day! |
#8
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On Mon, 16 Dec 2013 11:31:46 -0600, Califbill wrote:
John H. wrote: On Mon, 16 Dec 2013 11:49:09 -0500, "F.O.A.D." wrote: The rich give to help the rich: As an article published on Salon recently pointed out, the rich have a tendency to give generously to institutions and endowments that serve ?their kind? and not the needy. [A] large portion of the charitable deductions now claimed by America?s wealthy are for donations to culture palaces ? operas, art museums, symphonies, and theaters ? where they spend their leisure time hobnobbing with other wealthy benefactors. Another portion is for contributions to the elite prep schools and universities they once attended or want their children to attend. (Such institutions typically give preference in admissions, a kind of affirmative action, to applicants and ?legacies? whose parents have been notably generous.) Art museums and Ivy League schools need money too, of course, but so do the nation?s hungry and homeless. A dollar donated to an art museum gives you the same amount of tax deductions as one spent at a soup kitchen. The numbers do not favor the poor, either. The Washington Post found that around 70% of all charitable contributions went to charities that do not specifically help the poor. http://tinyurl.com/qhxbmlj If you really want to help the poor, return the tax to 91% for the richest Americans; that's where it was shortly after WWII. Then, change the tax rate to 0% for those making under about $100,000 per year. If we did THAT, the poor could help themselves. Handout are band aids, what they need is a transfusion. Nothing will change unless the hoarded money comes back into the hands of people that create jobs. John H. -- Hope you're having a great day! Kevin, you are showing financial ignorance to the max. He's becoming a big embarrassment to Johns everywhere. John H. -- Hope you're having a great day! |
#9
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On 12/16/13, 4:51 PM, wrote:
On Mon, 16 Dec 2013 16:12:18 -0500, "F.O.A.D." wrote: On 12/16/13, 4:05 PM, wrote: On Mon, 16 Dec 2013 11:49:09 -0500, "F.O.A.D." wrote: The rich give to help the rich: As an article published on Salon recently pointed out, the rich have a tendency to give generously to institutions and endowments that serve “their kind” and not the needy. [A] large portion of the charitable deductions now claimed by America’s wealthy are for donations to culture palaces – operas, art museums, symphonies, and theaters – where they spend their leisure time hobnobbing with other wealthy benefactors. Another portion is for contributions to the elite prep schools and universities they once attended or want their children to attend. (Such institutions typically give preference in admissions, a kind of affirmative action, to applicants and “legacies” whose parents have been notably generous.) Art museums and Ivy League schools need money too, of course, but so do the nation’s hungry and homeless. A dollar donated to an art museum gives you the same amount of tax deductions as one spent at a soup kitchen. The numbers do not favor the poor, either. The Washington Post found that around 70% of all charitable contributions went to charities that do not specifically help the poor. http://tinyurl.com/qhxbmlj It is interesting watching Harry trashing places of arts, culture and universities. I bet you don't talk like this among your elitist friends. I am not trashing "places of art, culture and universities." Perhaps if your language skills were of a higher level, you'd realize that. I merely lifted a few quotes from an article. It points out that charitable giving, which many people think helps the poor, too often does not. I'll be on the lookout for articles that discuss what really happens to funds donated to christian churches that take those funds and build...larger churches, bigger homes for their pastors, et cetera. That's not the same as running a homeless shelter, a soup kitchen, or distributing food and clothing to those in need. You are making it sound like these are not worthy of being called charity. I have no problem with that. It bothers me a little that they just announced there are over 40 university presidents making more than a million a year. That is not a charity. I think universities can qualify as non-profits...but charities? I don't think so, in most cases. I'm not offended by a university president making a million a year...universities are big business, with lots of assets, staff, competition, et cetera. It's not as if they were being paid at the level of corporate execs. I would eliminate the tax-free status of churches for enterprises and properties that aren't deeply involved in helping the poor or the sick or the injured. Why should funds that go to build a new church be tax deductible? Why should that church be deductible from real estate taxes? Now if the church runs a legitimate shelter, or food bank, or clothing giveaway facility, sure, donations for those operations should be deductible. But for proselytizing? No. -- Religion: together we can find the cure. |
#10
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F.O.A.D. wrote:
The rich give to help the rich: As an article published on Salon recently pointed out, the rich have a tendency to give generously to institutions and endowments that serve “their kind” and not the needy. [A] large portion of the charitable deductions now claimed by America’s wealthy are for donations to culture palaces – operas, art museums, symphonies, and theaters – where they spend their leisure time hobnobbing with other wealthy benefactors. Another portion is for contributions to the elite prep schools and universities they once attended or want their children to attend. (Such institutions typically give preference in admissions, a kind of affirmative action, to applicants and “legacies” whose parents have been notably generous.) Art museums and Ivy League schools need money too, of course, but so do the nation’s hungry and homeless. A dollar donated to an art museum gives you the same amount of tax deductions as one spent at a soup kitchen. The numbers do not favor the poor, either. The Washington Post found that around 70% of all charitable contributions went to charities that do not specifically help the poor. http://tinyurl.com/qhxbmlj Like forced union dues, eh? |
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