THE CHARITABLE GIFT ANNUITY
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TAXATION WITH REPRESENTATION
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One of the issues that led to the founding of our nation was TAXATION WITHOUT REPRESENTATION.
It now appears that we have come full circle, as the new president comes to office with the full approval of the voting public to increase taxes.
It promises to be an interesting presidency. How tax transfers from the wealthy to the poor will play out remains to be seen. Many of those who are newly considered to be wealthy will now become more motivated to inform themselves about tax issues.
This may prove to be a good thing. More funds will find their way to charities as people learn more about the living advantages of gift annuities.
It now appears that we have come full circle, as the new president comes to office with the full approval of the voting public to increase taxes.
It promises to be an interesting presidency. How tax transfers from the wealthy to the poor will play out remains to be seen. Many of those who are newly considered to be wealthy will now become more motivated to inform themselves about tax issues.
This may prove to be a good thing. More funds will find their way to charities as people learn more about the living advantages of gift annuities.
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