Archives for March 26, 2009

One thing you hear about the current economic mess is that some banks and companies are “too big to fail.” This is the idea that if a mega-corporation like AIG goes down, the repercussions are so enormous that other companies will fall in its wake and the whole financial system might fall apart. Thus an […]

Vastine Stabler makes a case that changing the tax code to reduce the the top rate of deduction for charitable giving from 35% to 28% will have an enormous impact on giving to the arts: It may be shocking to learn that the level of federal support for the arts in the United States is […]