finance.yahoo.com (nprofile…mr8r)
https://media.zenfs.com/en/Benzinga/a27d0b705247aa684efc52529917d5ac
https://finance.yahoo.com/news/chilling-effect-creation-foundations-gop-173119204.html
finance.yahoo.com / Yahoo! Finance
npub1va…rwc3n
2025-05-29 17:41:08
Author Public Key
npub1vap2usgr7nawhqexfk247ap0nfs34jqpjrxqqslrkv3rrrx8aessgrwc3nPublished at
2025-05-29 17:41:08Event JSON
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"'It Will Have A Chilling Effect On The Creation Of New Foundations,' The GOP Tax Bill's Effect On Billionaire Philanthropy"
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"The bill aims to make permanent the tax cuts included in the 2017 Tax Cuts and Jobs Act, and includes higher levies on private foundations. Experts warn that this change will lead to a shift towards solutions with fewer giving mandates and more tax exemptions, potentially reducing charitable giving. Private foundations have been the center of billionaire philanthropy for generations, but the new provision could change this."
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