For Wall Street-Fueled Philanthropy Industry, Every Day Is Giving Tuesday

  • 📰 commondreams
  • ⏱ Reading Time:
  • 20 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 51%

Capital Gains Tax 뉴스

Financial Sector,Nonprofits,Philanthropy

Eloise Goldsmith is a staff writer for Common Dreams.

A new report released on this year's philanthropic holiday known as Giving Tuesday details how the 'profit motives of the financial services sector have increasingly and disastrously warped how charitable giving functions.

The report's authors argue that DAFs are part of a wider “wealth defense industry” — tax lawyers, accountants, and wealth managers whose interests are more geared towards helping their clients increase assets, minimize taxes, maximize wealth transfer to descendants, and net some of those assets for themselves in the form of fees, as opposed to supporting charitable causes.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 530. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인