![]() ![]() It’s a scenario that critics say sets the stage for the super wealthy to control more and more aspects of public life. When they created the foundation, Parfet and Johnston required the city to scrap a proposed income tax and to decrease property taxes. The funds don’t come in one lump sum but over annual installments, a system that critics say undercuts democracy by essentially holding Kalamazoo hostage to the whims of wealthy donors. Johnston and Parfet pledged to raise enough money to keep the foundation going “in perpetuity,” but if those funds don’t materialize, the city risks insolvency. While only a handful of people know where the additional $400 million announced over the summer is coming from, suspicion falls on none other than the Two Bills, which would give them even more control over Kalamazoo and its people. The foundation says it does not disclose the identity of its anonymous donors the $400 million pledge is revocable if any of the staff who know the donors disclose that information publicly.
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