WALL: David Chain - A Perspective (fwd)

Joseph Zorzin redoak at forestmeister.com
Sat Oct 3 03:40:39 EST 1998


Mike Hagen wrote:
> 
> Regarding the philanthropy of the wealthy:
> You might not believe it but many of the pre-headwaters state owned redwood
> forests on US101 were acquired via private donation.  And they've all got little
> signs saying who the grove is dedicated to. It was a pretty good ploy to
> preserve the groves when the California itself couldn't raise that kind of
> money.  I suspect there may even have been a little competition to see who could
> get the best grove...
> Its possible the Turner's and Gates's just haven't gotten around to writing
> their check yet, but there's ample precedent.
> Mike H.

Of course a cynical view would be that the rich were feeling guilty over
their wealth, and the tax structure encouraged such gifts. Now, the rich
no longer feel guilty and taxes have been cut. <end of cynical mode>

-- 

Joseph Zorzin, Yankee Forestmeister
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