Senator Warren is Right: America Needs a Wealth Tax
…should we allow infrequent philanthropy to excuse their wealth hoarding. The stakes are too high. Right now, 40% of Americans cannot afford a $400 emergency, and, as we saw this…
The Problem with Modern Philanthropy
…further their own ideological vision for what our society should look like. While there is nothing inherently wrong with philanthropic giving, it’s become clear that modern philanthropy has become an…
Elected Officials, not Philanthropists, Should Make Decisions for Our Country
…Geffen is well-known today for his philanthropy. For example, UCLA’s School of Medicine was renamed in his honor following a $200 million donation in 2001. I’m not opposed to these…
What is the Point?
…participates fully and equally in our democracy. We can not simply rely on patriotic philanthropy to fulfill the needs of this nation, we must comprehensively imbed it into our very…
Larry Summer Echoes Patriotic Millionaires in Condemning Carried Interest
…philanthropy.” “There’s nothing patriotic or philanthropic about subverting the fabric of our democracy,” Pearl wrote in his response, “the carried interest loophole is the poster child for the problem of…
Patriotic Philanthropy?
…on billionaire David Rubenstein, whose self-proclaimed “patriotic philanthropy” helped repair the Washington Monument after an earthquake and build a gallery to house the Magna Carta, among other things. In his…
Taxes and Philanthropy
…of money to what he calls “Patriotic Philanthropy,” including paying for some of the monuments and museums in Washington DC. I have nothing against the Washington Monument. I was in…