March 12, 2009
Government Activism vs. Private Charity: What's Best?
The unveiling of President Obama's first budget has prompted a mixed reaction in the philanthropic world. On the one hand, the proposal marks a clear shift toward increased spending of the kind that nonprofit groups have long favored, especially in education and health. On the other hand, it would reduce the incentive for the very rich to give by curtailing the value of their tax deductions.
As a result, leaders in the nonprofit world are confronted with a tough choice: Do they favor
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