Well, I don't like tax exempt anything. Don't we need a class of any organization paying zero taxes. It is a part of doing business and taxes wouldn't cause all charities to go out of business either. That's an inaccurate cop-out.
If everyone, every single person and company, paid taxes at either an equal rate or at some kind of progressive rate, then I think we'd solve a ton of problems. The structure we have only ensure it will get more complex sith tax-exempt structures, the management and policing of those structures and huge volumes of subsidies to those capable of making the case to those holding the purse strings. The whole thing needs gutting and zero subsidies and tax exemption. That's my .02.
Bookmarks