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The Coffman Chronicle
Reagan Killed Philanthropy—Trump Buried It
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Reagan Killed Philanthropy—Trump Buried It

Once, billionaires had to give back. Now, they just dodge taxes and hoard forever.

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Marie Riverton
Feb 13, 2025
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The Coffman Chronicle
The Coffman Chronicle
Reagan Killed Philanthropy—Trump Buried It
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Donald Trump keeps fantasizing about ushering in a “new Gilded Age”—a time of booming wealth, industrial power, and unapologetic capitalism. It’s a catchy phrase to excite his billionaire backers and working-class supporters alike. But here’s the truth: Trump’s vision is a con.

The real Gilded Age wasn’t just about obscene wealth and industrial expansion…

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