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'It Will Have A Chilling Effect On The Creation Of New Foundations,' The GOP Tax Bill's Effect On Billionaire Philanthropy
finance.yahoo.com/news/chilling-effect-creation-foundations-gop-173119204.html
President Donald Trump's "One Big Beautiful Bill" passed the House late last week
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Included in the bill are increased levies on private foundations run by the ultra-wealthy
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Experts are warning that the change will have a negative effect on charitable giving, as billionaires will shift…
This story appeared on finance.yahoo.com, 2025-05-29 17:31:19.