Tax-exempt reasonable charities
Regarding Robert Ingrams April 29 Point of View Why charities should stay tax-exempt: Although I agree with much of what Ingram said, why cant we limit the tax-exempt status of charities to those charities that pay their executives reasonable compensation, perhaps no more that double the median N.C. household income in 2011 ($44,000)?
This might encourage charities to focus on their charitable objectives, rather than wasting money on excessive executive compensation, as N.C. Goodwill Industries did in 2011, paying their president and his wife nearly $800,000.
Robert Bethenod, Hillsborough