To Be (a charity) or Not To Be, That is the $40 Billion Question

Lincoln Center offers the country's longest running free outdoor festival, according to the organization's website.

Editor's Note: With "Comments We Can't Ignore," we addressed the need to more effectively demonstrate the value of the arts to the general public in response to Robert Reich's "What 'charity' should really mean." Here, Marc Vogl offers his thoughts on charities and tax policy. Reich makes a surprisingly baseless charge when he says that the tax deductions claimed by people giving their money to charities is a $40 billion hand out  "going largely to wealthy people who use much of it to enhance their lifestyles.” He takes an illogical leap … [Read more...]