It is nice to see that Gabe Oatley of the Future of Good is looking at the topic of the proposed changes to the Alternative Minimum Tax and how that affects both donations and the amounts that some very wealthy people must pay in taxes. It is nice to see that there are more voices speaking out and questioning some of the “sector” views expressed by certain umbrella organizations. Hopefully, umbrella organizations will reflect on how they develop public policy positions, which are ostensibly for the betterment of the sector and society. Perhaps they will improve their systems and advocacy.
But as that introspection and change is not likely, as there are strong special interests who are quite comfortable with the current approach, I am certainly glad that more people are now calling them out on their positions, and if there is no major change, then hopefully more brave souls will continue speaking up.
Here are some of the articles:
https://futureofgood.co/wealthy-canadians-threaten-to-reduce-donations-if-feds-dont-halt-proposed-alternative-minimum-tax-changes/
https://futureofgood.co/charities-unite-against-alternative-minimum-tax-changes-but-at-what-long-term-cost/
https://futureofgood.co/information-vacuum-government-secrecy-drives-charitable-sectors-fight-against-alternative-minimum-tax/
We have covered this issue before and our concerns with the advocacy of the “charity sector”: