In 2012, nearly $39 billion was spared to American givers via the charitable tax deduction, $33 billion of which went to the richest 20 percent of Americans. If that sounds like a lot, consider that it’s associated with roughly $316 billion in charitable donations.
Yet for Professor Robert Reich, former Secretary of Labor under President Clinton, much of this generosity is not devoted to, well, “real charities.” His beef has something to do with the wealthy’s obsession with “culture places” — the opera, the symphony, the museum — realms that, in Reich’s opinion, are undeserving of what should be an allocation to his own pet projects. “I’m all in favor of supporting fancy museums and elite schools,” he writes, “but face it: These aren’t really charities as most people understand the term.”
The picking and choosing follows in turn, descending farther and farther into the typical terrain of progressive materialism — focusing excessively on surface-level transfers of this particular dollar into that particular hand and lambasting those rebellious Makers and Givers for getting it all wrong. (more…)