Billionaires are donating their wealth to destructive causes to dodge taxes. Maybe the donors can be taxed on their donations to alleviate the perverse incentive? There might still be a tax break, but it will be much smaller. Oren Cass here to discuss.
His answer: Donate the company to the workers instead!
Billionaires are donating their wealth to destructive causes to dodge taxes. Maybe the donors can be taxed on their donations to alleviate the perverse incentive? There might still be a tax break, but it will be much smaller. Oren Cass here to discuss.
His answer: Donate the company to the workers instead!