15 April 2017

Top Philanthropists Wield Power Through Their Donations

While the abuse of tax subsidies for "charitable" donations is most extreme in the USA this pernicious favoring of the wealthy is slowly finding its way into other 'Pseudo' Democracies. Let the 0.1% be charitable, by all means, but do not give them favorable tax treatment in return. And posing as benefactors also gives them special access to politicians and allows them undue influence on political decisions.
Wealth Matters: How Top Philanthropists Wield Power Through Their Donations

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