Tuesday, April 26, 2011

Taxing not for profits - about damn time

The average 'big time' not for profit adds far less value to our society than private, tax paying businesses.  Quick:  which institution's disappearance  would more Americans mourn:  WalMart or the entire Ivy League?  Which institution's disappearance would do more damage to world prosperity:  Intel or the Big 12?  Tax the NFPs and perhaps they won't be so hot to stick it to everyone else...


MORE ON EFFORTS to tax nonprofits. As I’ve said before, the nonprofit sector is now huge, and governments are desperate for revenues, so this is no surprise. And, given that college and university folks have generally favored higher taxes for everyone else, I doubt that they’ll get as much sympathy as they once might have.

No comments:

Post a Comment