Jim Penman says tax-deductible donations to elite private schools are wasteful, even though his own son attends one. He backs donations to the Salvation Army and homeless services instead, and argues that higher earners should pay higher taxes.
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Donating to a school for children is a bad thing. Might want to rethink that answer again. Yeah, I don't rethink it at all. If you've gone to an elite private school where the children are the privileged and the rich, including myself, I've got a son in a private school, um, I don't think that's the best, that's the best use for a tax-deductible donation at all. Now, donations to the Salvation Army or somebody in need, yes. Donations to somebody who can help the homeless, yes. Donations to make it a little bit easier for rich parents to send their kids to elite schools that most people can't afford, no, absolutely not. I'm I'm not ashamed of that at all. I think people who make more money and spend more money should be taxed more. I think it's completely fair and right.