Sir Tom Hunter attacks government cap on charitable giving
Among the many philanthropists to have expressed strong public criticism of the Chancellor’s proposed cap on the amount of money that can be given tax free to charities is Scottish billionaire Sir Tom Hunter, knighted in 2005 for his services to entrepreneurship and philanthropy in Scotland.
Urging the Chancellor in this week’s Sunday Times to reconsider his decision, he offers some timely advice to him by quoting a piece of practical wisdom from an earlier great Scottish-American businessman and philanthropist, Andrew Carnegie which runs:
He that cannot reason is a fool. He that will not is a bigot. He that dare not is a slave.