Published in The Times (viewable online here).
Sir,
It can hardly be regarded as charitable for the super-rich to funnel their money into philanthropic donations, if their ulterior motive is to minimise, or in some cases, negate entirely, their tax liability.
Furthermore, the recipient charities benefit from such a system only at the expense of the ordinary taxpayer, whose tax liabilities must necessarily increase to make up the shortfall when the wealthy refuse to contribute their fair share to the greater good of society.
John Slinger Chair, Pragmatic Radicalism
Sir,
It can hardly be regarded as charitable for the super-rich to funnel their money into philanthropic donations, if their ulterior motive is to minimise, or in some cases, negate entirely, their tax liability.
Furthermore, the recipient charities benefit from such a system only at the expense of the ordinary taxpayer, whose tax liabilities must necessarily increase to make up the shortfall when the wealthy refuse to contribute their fair share to the greater good of society.
John Slinger Chair, Pragmatic Radicalism
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