5min chapter

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SMN: Billionaire Philanthropy Is Kind Of A Scam

Some More News

CHAPTER

The Importance of Charity

The author argues that philanthropy is a temporary bandage while we work on fixing the larger problem. Tax incentives for charity and philanthropy largely benefit the richest Americans at the expense of the entire country, he says. The most effective way to help address those in need is for rich people to be taxed fairly with loopholes eliminated.

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