Word: profiteer
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...determining which charities are “truly deserving” and which should not merit tax deductible gifts, the government should simply cut its subsidy to donations by the rich and use the additional tax revenue to fund charities that directly help the poor. After all, non-profit organizations in low income neighborhoods are primarily sustained by government aid, not philanthropy. The good that could be done if all of the subsidies to donations by the rich were transferred to such organizations is staggering. It is not unreasonable for the rich to give to institutions from which they will...
...choose to give back to their communities and support charities. Undoubtedly, one way to make a difference is to give away money wisely. Since our spending habits are shaped by the legal environment, it would be a monumental mistake to discourage giving to a selected group of not-for-profit organizations through targeted changes in the tax code...
...Appealing to his readers by painting a simplistic picture of the not-for-profit sector, Reich elected a sound strategy. Sure, some institutions do more for the disadvantaged than others. But the conclusion that more revenue should be raised through separation of non-profits into two groups with different taxation policies is a step in the wrong direction in terms of pushing Americans to give to charity...
...thought comping Women in Business required dedication. Cardullo’s proprietor Frances Cardullo plans to add a display of Red Sox memorabilia and upgrade the current television to an LCD flat panel in time for the playoffs. “I don’t do it for profit,” says Cardullo. “I do it as a community thing.” The Cardullo’s crowd is convinced the Sox are going to take the series, but if the Curse of the Bambino returns, at least their misery will have company...
...university student of ecology and evolutionary biology, I would prefer that the Arctic remain largely untouched and unspoiled [Oct. 1]. But since profit-driven exploitation of this increasingly accessible area is inevitable, substantial fees should be imposed on corporations and nations that profit from what ought to be considered world heritage. Moneys collected could aid biodiversity conservation and ameliorate poverty. But it's more likely that we will see the traditional unholy alliance of nationalism, greed and business as usual. Fred Drumlevitch, TUCSON, ARIZ...