tag:blogger.com,1999:blog-3614581.post115619737317268644..comments2024-03-28T03:11:22.839-07:00Comments on PHILANTHROPY 2173: This should have been a comment...Lucy Bernholzhttp://www.blogger.com/profile/09253941214286179394noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3614581.post-1156219642842421952006-08-21T21:07:00.000-07:002006-08-21T21:07:00.000-07:00The tax preference for community foundations over ...The tax preference for community foundations over private foundations is indeed a good place to start. Understanding how the political decisions that regulate foundations create a set of incentives for behavior is the right place to begin.<BR/><BR/>Why not graduated incentives for giving to certain kinds of recipients or for certain kinds of processes -- bigger incentives for gifts to the poor or where community control over the assets is in place?<BR/><BR/>At a basic level, it seems to me that we need to understand why we provide tax breaks in the first place. It's one thing to vigorously protect the liberty of people to give money away; it's another thing for the citizenry to subsidize the liberty of wealthy people to create foundations for their pet causes.<BR/><BR/>Carnegie didn't need tax breaks in order to give money away, did he?Anonymousnoreply@blogger.com