Philanthropy

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    Socialism, charity don’t mix well

    Editors at the Washington Examiner ponder the negative impact of socialism on charity. The news organization points directly at U.S. Sen. Bernie Sanders. [I]n 2016, his first million-dollar earning year, he donated less than 1% of his income to charity. It’s only fair to point out also that…
    Mitch Kokai, April 18, 2019
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    President Trump Donates His Salary. Here’s Where.

    President Trump makes $400,000/year as president. He doesn’t accept it, however. Each quarter, he donates $100,000. As Fortune explains, the latest donation is to the National Institute on Alcohol Abuse and Alcoholism. The president has spoken openly about his brother Fred, who had a serious alcohol problem. What about…
    Donna Martinez, March 11, 2019
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    This weekend on Carolina Journal Radio

    Gov. Roy Cooper set out his priorities during his recent State of the State remarks. Becki Gray watched Cooper’s speech and the response from Senate leader Phil Berger. Gray offers her analysis during the next edition of Carolina Journal Radio. Terry Stoops compares the pros and cons…
    Mitch Kokai, March 8, 2019
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    New Carolina Journal Online features

    Dan Way reports for Carolina Journal Online on highlights from the second day of a hearing on North Carolina’s 9th District congressional controversy. John Hood’s Daily Journal highlights philanthropy’s important role in society.
    Mitch Kokai, February 20, 2019
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    Charitable giving unaffected by tax reform

    Despite dire predictions of steep drops in charitable giving because of federal tax reform, the left-of-center Inside Philanthropy found giving flat or higher in an informal survey of United Ways and other nonprofits. Fewer people may take a tax deduction for their contributions to churches and charitable causes, but…
    Joseph Coletti, January 17, 2019
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    Charity is the latest victim of our partisan culture

    Charitable giving is lower in places with competitive politics and giving declines among people when their party is in the minority, NC State professor Richard Clerkin and his co-authors found in a recent paper. Another interesting aspect of the study is its presumption that taxes complement charitable giving,…
    Joseph Coletti, December 3, 2018
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    Why charitable contributions are tax deductible

    One of the currently fashionable complaints about charitable and philanthropic giving of even left-leaning billionaires like Jeff Bezos is that the money does nothing to help the poor or reduce income inequality. James Piereson and Naomi Schaefer Riley in an essay at Commentary  argue that charitable giving receives a tax…
    Joseph Coletti, November 30, 2018
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    People give to charities for more than tax deductions

    Nonprofit organizations, like retailers, earn a significant portion of their revenue for a year between Thanksgiving and New Year’s. This was the case even before Giving Tuesday. What better time to consider why people give in the first place? Giving USA estimates that tax reform’s change in the…
    Joseph Coletti, November 16, 2018