France asks: Should billionaires get tax breaks on Notre Dame donations?

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France asks: Should billionaires get tax breaks on Notre Dame donations?
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Critics argue the donations meant to repair Notre Dame would be better spent on social programs to help the poor in a country where rising inequality has contributed to the outbreak of recent street protests.

London One after the other, France's three richest families opened their checkbooks and pledged a combined $565 million to rebuild the fire-ravaged Notre Dame cathedral in Paris.

The first mega donation, for €100 million , was announced by luxury group Kering and the Pinault family. It was followed by €200 million from Bernard Arnault, the world's third richest man, and his company, LVMH. That was matched hours later by the Bettencourt Meyers family, which controls L'Oreal.The donations should go a long way to restoring Notre Dame.

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