Quote:
Originally Posted by AGDee
I could see that having a positive impact on the economy. More donations toward house funds=more home improvements for thousands of fraternity and sorority houses across the country.
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Quote:
Originally Posted by PhiGam
This is a greek message board, right? Its kind of shitty to see people on here dump on greeks.
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PhiGam, to point out that this doesn't belong in a general financial stimulus package designed to resolve a national crisis isn't dumping on Greeks. It might be a good thing for Greeks but it doesn't belong in this bill now if there's any truth at all to the idea that this is in fact a response to a specific crisis rather than an attempt to justify any federal spending or any tax breaks people have previously wanted to see.
AGDee, it may have some effect, but there are a whole lot more pressing problems and more direct methods. The same idea that you advanced could be said for tax exempting all income spent in the construction industry, but we're not seeing that.
It's really hard for me to see why the federal government would need to incentivize spending on Greek housing, even if I personally could benefit from it (assuming I had any money to give right now which I don't.) Yes, I love Greek groups but, to me, only our specific philanthropic groups rightly belong in the charitable giving category. We just aren't principally charitable groups; we even define ourselves as private social organizations and I expect our internal spending would show it. What percentage of a chapters expenses goes toward programing and philanthropy vs. socials, recruitment, membership materials, gifts for members? If we really were private charities, we'd look terrible. ETA: I realize that there are other kinds of tax exempt groups, but I don't think we ought to go down that path for a lot of reasons.
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