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The American (after tax) generosity machine
You Tell Me, KTBB AM600, 92.1 FM, Tyler Texas ^ | October 8, 2010 | Paul Gleiser

Posted on 10/08/2010 12:59:55 PM PDT by DallasDeb

Earlier this week on Tuesday morning, the top folks at Trinity Mother Frances Health System in Tyler hosted a breakfast for the purpose of making a big announcement. Mr. & Mrs. Louis Owen have made a cash gift to Trinity Mother Frances of $18 million for the purpose of building a seven-story, free-standing heart hospital that will be named in their honor.

As I sat there listening to the presentation and looking at the artist’s renderings of the facility, slated for completion in 2012, I couldn’t help thinking that people like Louis and Peaches Owen are among the very people that President Obama believes are not paying their “fair share” of the tax burden. Never mind that if you have reached the place in life that you can give away $18 million, you have already paid more in taxes than the average American family will make in multiple lifetimes.

. . .

Read more here: Paul Gleiser's You Tell Me

TOPICS: Business/Economy; Society
KEYWORDS: donation; federalbureaucracy; philanthropy
Excellent piece on how individuals can do more than the government.
1 posted on 10/08/2010 12:59:58 PM PDT by DallasDeb
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To: DallasDeb

Lots of old oil money in Tyler, I believe the ratio of millionaires in that city is one of the highest in the country

2 posted on 10/08/2010 1:07:50 PM PDT by Jolla
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To: Jolla

East Texas, in general, has loads of money. I think the point of the article is they can do better for people than the government can after they take the tax money from the rich.

3 posted on 10/08/2010 1:13:37 PM PDT by DallasDeb (USAFA '06 Mom)
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