November 2005 Archives
I have a problem- I always get goofy for loud mouth liberals- Schumer was my hometown representative and my first political crush - now I have one more reason to love Senator Chuck...lets just hope this one passes.
The New York Times
November 22, 2005
Senate Bill Lets Artists Claim Price for Gifts
By ROBIN POGREBIN
Living writers, musicians, artists and scholars who donate their work to a museum or other charitable cause would earn a tax deduction based on full fair market value under a bill just passed by the Senate.
Currently such work receives only a deduction based on the cost of materials unless it is donated posthumously by the estates.
The measure was approved as an amendment to a broader $59.6 billion tax relief bill passed by the Senate early Friday. It now goes to a House-Senate conference committee. The House version of the tax relief bill does not include the arts provision, but the senators who introduced the amendment - Charles E. Schumer, Democrat of New York, and Pete V. Domenici, a New Mexico Republican - said they were hopeful that the committee would support it.
Under the bill, artists could donate their work during their lifetimes at full market value provided that it is properly appraised and handed over at least 18 months after it is created.
Posted by Levi Hanes
It has been a couple of weeks since the presentation/lecture. No real excuse for not writing anything about it except I had hoped to flesh out some lingering questions and maybe see if anything gelled in my head as to what I would write. I anticipated and interesting show what with a young artist who seems to be making it fairly well for himself. Ryan McGinness spoke well, had a sense of humor with a coxing of the audience to give him a resounding entrance of clapping. McGinness laid out his work over the years, presenting his early work as a designer and its influence over his current work.
I wish wish wish wish - the new issue of ARTFORUM were available online, becuase it includes a stellar and thoughtful piece on TBA with words and wisdom about DJ Spooky, Ivana Muller, LoneTwin, Victoria Hanna, Lori Goldstone, Faustin Linyekula and some waxing poetic about THE WORKS> the article penned by Clear Cut Press's Matthew Stadler - does the festival and the artist justice. Come check out the NOV Issue in the PICA resource room or at a RICH'S near you. (page 77 ya'll!)
The debate is on... is there a winner ? a loser? a white flag? a tie? when Art + Design +Concept + Commodity +Rip off + Cop-Opt + Multiverse + Universe get tossed into the ring - Katherine Bovee'spiece on Ryan McGinness's recent "show and tell" at PICA sets off cerebral sparks. Read more on Portland's art news hubPORT.