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TOPIC: Good Thing We Got 'em When The Getting Was Good!

Chronicler 1

Date: Oct 11, 2004

Good Thing We Got 'em When The Getting Was Good!	Permalink Closed

"The U.S. House of Representatives has approved a bill that is likely to slash the tax deduction that corporations and individuals can claim when they donate intellectual property to nonprofit organizations, including colleges and universities. A Senate vote is planned Monday, and President Bush is expected to sign the bill, which colleges fear will reduce the number of such donations they receive." House Approves Bill That Would Slash Tax Advantages for Donating Intellectual Property By Michael Arnone Chronicle of Higher Education 10/11/04 __________________

foot soldier

Date: Oct 11, 2004

RE: Good Thing We Got 'em When The Getting Was Goo	Permalink Closed

This looks like a great reason to "downsize" Angie Dvorak--what does she have to do now? __________________

truth4usm/AH

Date: Oct 11, 2004

RE: Good Thing We Got 'em When The Getting Was Good!	Permalink Closed

Wow, this would have a major impact on the USM Research Foundation and Noetic, too, correct? Keep us posted on what happens... __________________

Invictus

Date: Oct 12, 2004

RE: Good Thing We Got 'em When The Getting Was Goo	Permalink Closed

Sounds to me like Congress is getting wise to corporations putting exorbitant price tags on their failed research & then taking a big "charitable donation" deduction for giving their dregs to universities. Sorta like when you donate a sack of raggly Levis to the Salvation Army & claim them at $75 a pair, because they look just like those trendy things your kid bought at American Eagle. P.S. American Eagle should never be confused with Austin Eagle. __________________

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