phyridean t1_isdshyx wrote on October 15, 2022 at 5:00 AM Reply to comment by ArrowRobber in TIL that before Lincoln Center could reward David Geffen's $100 Million donation by renaming "Avery Fisher Hall" to "David Geffen Hall", they had to pay the heirs of Fisher - the original donor - $15 million. Geffen's donation has a provision that requires his name to be on the hall "in perpetuity". by AspireAgain Hey look, you've just invented taxation, which is how we should be funding public goods in the first place, instead of operating on rich folks' whims! Permalink Parent 2
phyridean t1_isdshyx wrote
Reply to comment by ArrowRobber in TIL that before Lincoln Center could reward David Geffen's $100 Million donation by renaming "Avery Fisher Hall" to "David Geffen Hall", they had to pay the heirs of Fisher - the original donor - $15 million. Geffen's donation has a provision that requires his name to be on the hall "in perpetuity". by AspireAgain
Hey look, you've just invented taxation, which is how we should be funding public goods in the first place, instead of operating on rich folks' whims!