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The Super Rich Stepped In to Save a City. Some Say They Made It Worse.

  • Periodical
  • TIME Magazine; 1/17/2022, Vol. 199 Issue 1/2, p72-79, 7p, 6 Color Photographs
  • The article discusses how wealthy individuals helped the city of Kalamazoo in Michigan to expand its economy by financing public work projects. Also cited are how philanthropists William Parfet and William Johnston helped fund the city through their Foundation for Excellence, and how Parfet and Johnston are influencing the city in exchange of raising funds like opposing the proposed income tax and asking a cut on property taxes.
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