Nominet is considering setting up the Nominet Foundation with some of the extra British Pounds they bring in every year. Considering £5 million for the first year donation.
Nominet Foundation: for the purpose of public benefit to UK Internet stakeholders through education, research and the funding of suitable projects.
http://www.nominet.org.uk/news/latest/?contentId=4618
Tax and Spend.. I’m all for helping the needy but this is the wrong way to foster growth IMO.
This entry was posted by frankschilling on Friday, November 23rd, 2007 at 4:28 PM and is filed under
Domain Names (Domains). You can follow any responses to this entry through the RSS 2.0 feed.
Both comments and pings are currently closed.
I don’t see it as tax and spend. They are using some of the profit for charitable purposes. Many companies do that.
***FS*** Charity, philanthropy and benevolence imply choice. Forced charity= taxation.
Hi,
‘Socialism’ comes disguised in many ways…
A lot of people in the USA seem not to understand this…as they are knowingly or un-knowingly falling for it everyday here…its being ‘taught’ in most of our university’s now…of course its never called ‘Socialism’.
Peace!
Dan