May 24, 2013
Wednesday, December 29, 2010
NEW HAVEN, Conn. (AP) -- Upset the federal government recently extended tax cuts for the rich, three professors at Yale and Cornell universities have created a website that encourages wealthy Americans to give their tax savings to charities and send a political message in the process.
The professors started giveitbackforjobs.org to allow Americans "who have the means" to calculate what their tax cut would be and donate that amount to a charity. They recommend groups such as Habitat for Humanity, Children's Aid Society and Salvation Army that they say promote fairness and a strong middle class.
The professors the contributions could replicate good government policy and, in effect, draft the government as a funding partner when the donation is tax deductible.
(Copyright 2010 by The Associated Press. All Rights Reserved.)
Have information or an opinion about this story? Click here to contact the newsroom.
Copyright WRDW-TV News 12. All rights reserved. This material may not be republished without express written permission.
