Archive for February, 2012


Value of Applying Income Tax Principles

February 3, 2012   Posted in Uncategorized | No Comments | Email This Post | Print This Post

The Wall Street Journal quoted economist John Ramsay McCulloch in its Notable and Quotable on February 3, 2012. The issue of tax incidence is the same today as in 1845. Mr. McCulloch’s point that once the cardinal principle of exacting [taxes] from all individuals the same proportion of their income or property, there is no amount of injustice that a government may commit. As we select our candidates this year, apply this truth to each of your candidates’ vision, mission and values for the direction that he is leading.

Value of Philanthropic-Charity Use of Funds

February 3, 2012   Posted in Uncategorized | No Comments | Email This Post | Print This Post

http://professional.wsj.com/article/SB10001424052970204662204577199560879858998.html?mod=ITP_pageone_1&mg=reno-wsj

Here is a link to a Wall Street Journal Article (2012 02 03) Nonprofit’s Backers Mobilize. The astounding issue is Susan B. Komen for the Cure’s support of Planned Parenthood. With Komen’s $300 million endowment, why would they not establish centers dedicated to mamagrams, breast examinations and breast cancer education. Planned Parenthood ought to employ such a Komen agency and make it grants for that particular specialty. I have been a casual donor to Susan B. Komen for the Cure as a sponsor of friends’ intentions and appreciation for the plight of breast cancer patients. I wonder if my friends’ intent were to unwittingly support Planned Parenthood.

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