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In one of the most widely watched efforts in corporate philanthropy in years, Google Inc. said it will dole out nearly $30 million in new grants and investments to nonprofits and a private business that are taking on do-good projects such as tapping solar power, preventing plagues and improving public services for the poor.
Google Steps Up Funding For "Do Good Projects" [online.wsj.com]
[edited by: goodroi at 3:36 am (utc) on Jan. 18, 2008]
Well, that not only does whatever good Google can do with that money, but it prevents whatever ills the various levels of government would have done with it...
Sounds like a win-win to me. But that's just my impression. Anyone who disagrees with me is welcome to start collecting state sales taxes from their customers and forwarding them to the taxing authorities.