No one should begrudge these donors the honor of having their names associated with their largess. But no one should forget that some of their contribution is billed to the general public, via the tax deduction they receive for philanthropic donations. Unlike the federal income tax deductions for state and local taxes, charitable deductions weren’t capped by the tax cut enacted by Republicans in December 2017, most of which went into the pockets of the 1%.

Source: Los Angeles Times May 20, 2019 20:15 UTC