Play this one out in your mind: a guy you know at church — he’ll be the first to let you know he makes $200,000 a year — tells you about how he gave to charity a junker car worth not more than $4,600 (2% of his income). Now what’s your reaction if you learn this guy got thousands of dollars in tax breaks for that giving?
Is this savvy business conduct? Or does it make you sputter even while sitting in the pews on Sunday?
Now multiply the sums involved, exponentially, and it should be cause for questions anew about the nation’s hospitals and their charitable care. As the Wall Street Journal reported of its dive into the institutions’ required federal disclosures: