Agree
Foundations, and other similar structures are Tax Shelters for the 1%,
They should pay their fair Share of taxes just like everybody else
One can contribute all you wish, but the contribution,
after some maximum, must be declared as taxable income
Say... ~$10,000
Or remove the Tax deductability of
ALL contributions to all non-profits
... Including... Ahem... Churches
ALL contributions to all foundations and the like
ALL contributions to politicians, and political parties
All contributions to Labor Unions
Adjust the tax schedule accordingly
Flat tax 10 percent. No deductions of any kind...none. Sunset the dodges. ALL pay something...All!
I'd like to see a compromise which caps the deductible contribution at, say, $10,000 or a modest percent of income. Maybe 10% for those earning $250,000 or less, gradually decreasing to 1% (or less) for those earning over $5 million. Charitable contributions which even partially replace government handouts are a good thing.