Good Idea Ted
I was getting tired of the Oberg - Dinning soap opera and decided to comment on a good idea proposed by Ted Morton.
To encourage more contributions to universities and colleges Morton wants to give donors tax breaks akin to that of making a political donation; so basically (and this is a summary as there are different formulas for different contribution amounts) if a corporation or individual donates $100 to a campaign, it gets to reduce its taxable income by $75 - so it would be with donations to universities and colleges. Combine that with the potential good advertising a corporation gets from having a university building named after it, it might be more worth it now for companies to donate on a larger scale to universities, take the good advertising, and contribute to the future of our post-secondary institutions.
I think this is a great CONSERVATIVE idea - much better than the "we need to spend more on ______" promises I've heard thus far from most candidates. I'm not saying we don't need to increase spending on certain infrastructure needs in light of our province's rapid growth, but can we get some more longer term Conservative solutions guys?
Good Idea Mr. Morton!
http://www.edmontonsun.com/News/Alberta/2006/10/27/2144967-sun.html
To encourage more contributions to universities and colleges Morton wants to give donors tax breaks akin to that of making a political donation; so basically (and this is a summary as there are different formulas for different contribution amounts) if a corporation or individual donates $100 to a campaign, it gets to reduce its taxable income by $75 - so it would be with donations to universities and colleges. Combine that with the potential good advertising a corporation gets from having a university building named after it, it might be more worth it now for companies to donate on a larger scale to universities, take the good advertising, and contribute to the future of our post-secondary institutions.
I think this is a great CONSERVATIVE idea - much better than the "we need to spend more on ______" promises I've heard thus far from most candidates. I'm not saying we don't need to increase spending on certain infrastructure needs in light of our province's rapid growth, but can we get some more longer term Conservative solutions guys?
Good Idea Mr. Morton!
http://www.edmontonsun.com/News/Alberta/2006/10/27/2144967-sun.html


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