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That's an impediment, yes, but it's not a barrier. There's nothing preventing billionaires from putting their money into causes which are not charitable. There'
by rhn_mk1 4y ago
That's an impediment, yes, but it's not a barrier. There's nothing preventing billionaires from putting their money into causes which are not charitable. There's only a disincentive in the form of lowered efficiency.
- s1artibartfast 4y agoSure, but now you are arguing that the rich shouldn't be able to spend money as they choose, and not against deductible philanthropy. That is a different beast entirely.