What are the pros and cons of President Obama’s proposed 2010 budget plan for the philanthropic and nonprofit community and society more generally? It appears that when we weigh the costs and benefits, nonprofits and citizens generally will come out ahead. Unfortunately, most of the organized philanthropic community (not necessarily representing most nonprofits) and several politicians have come out against the changes, narrowly framing the issue around what impact the proposed tax changes will have on the wealthiest donors. Read the rest of this entry »