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Thought for the Week: Philanthropists must retain and provide common sense

Not surprisingly, the proposal from Gary Lineker and his millionaire colleagues for a wealth tax has been met with ridicule — Robert Colvile writing in the Sunday Times says, 'The problem isn't that those who've signed the pledge are hypocrites. It's that they're idiots'. However, there is an alternative approach which could bypass gargantuan Government spending. Donating the equivalent sum to a charity of the philanthropist's choice would enable targeted support based on the donor's analysis of need. This could provide a direct solution for the challenge of inter-generational rebalancing so…

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