Word: taxed
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There are a wide variety of gifts donors can make to Harvard while still providing themselves benefits ranging from annuities to tax deductions. These “planned giving” options include charitable trusts, gift annuities, and pooled income funds, all of which provide donors with a stream of income in exchange for their gift, which is invested by Harvard and reverts to Harvard upon the donor’s death...
Hubbard is widely recognized as one of the chief architects of the tax cuts that George W. Bush enacted in his first term...
While the tax cuts came under fire when the budget surplus turned into a deficit, Hubbard has publicly defended Bush’s tax cuts and his stance on the economy...
...getting seated close to the president paid off, because he was the architect of the tax cut,” Adler adds...
...After joining the Columbia faculty in 1994, Hubbard gained a reputation for his leading academic work in financial markets, particularly in public finance and private entrepreneurship. While his work on information security, senior-executive compensation, and investment cash-flow sensitivity earned high marks, his research on Social Security and tax incentives has gained particular prominence, his colleagues...