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irradiated@radiation.partyMB to TechNews@radiation.party · 2 years ago

[HN] How the Rich Reap Huge Tax Breaks From Private Nonprofits

www.propublica.org

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[HN] How the Rich Reap Huge Tax Breaks From Private Nonprofits

www.propublica.org

irradiated@radiation.partyMB to TechNews@radiation.party · 2 years ago
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How the Ultrawealthy Use Private Foundations to Bank Millions in Tax Deductions While Giving the Public Little in Return
www.propublica.org
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It’s a simple bargain: The rich get huge tax breaks by donating art, property and company shares to benefit the public. But some donors collect millions while offering little or no public access.

[ comments | sourced from HackerNews ]

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