- cross-posted to:
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- politicalmemes
- cross-posted to:
- [email protected]
- politicalmemes
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I think some industries, like housing, healthcare, banking, etc should be primarily not-for-profit. Not-for-profit companies are not hypothetical or theoretical, they exist, right now, today. Credit unions are a good example, but not-for-profit companies exist in many different industries. Intermountain Health is a not-for-profit healthcare system in the Mountain West, and they have nearly 400 clinics and over 30 hospitals. They employ 64,000 people. During his presidency, Obama mentioned them as a model for healthcare, as they are able to offer high quality healthcare that is often less expensive than other for-profit offerings.
It’s important to note that not-for-profit is different from non-profit. A non-profit is not allowed to have a surplus at the end of the year, whereas a not-for-profit is. However, unlike a typical for-profit companies, not-for-profits don’t distribute their surplus (profit) to owners, they reinvest it into the company.
Not sure where you got the information a non-profit is not allowed a surplus at the end of the year. A 501(c)(3) charity can carry cash reserves (or other holdings) from year to year.
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Military got to get their money somehow.
I dont think this post is about taxes
There’s a lot of costs involved outside of labor. I picked one of them. Not likely a major contributor though.
“And yet our veterans are living in cardboard boxes”
They’re no longer part of the military at that point.
That’s a cheap cop-out excuse.
I agree, but that’s certainly how the government views them.
Payroll and company taxes are not the problem.
It’s not cheap making and giving all those bombs away
The problem is greed, not taxes.
