Re:IKEA buys 11,000 acres of U.S. forest to keep it from bei...
by michaelmior on Wednesday January 27, 2021 @02:10PM
(#25932467)
> we should stop (not) taxing based on institution type and start (not) taxing based on where the dollars are going
While I don't necessarily disagree, this seems like it would create a large administrative burden and a strong incentive for businesses to simply lie (or creatively disguise) where there money going. This seems easier than fraudulently registering a for-profit business as a non-profit. Although I suppose it's hard to say whether the current or your proposed approach would result in tax breaks really happening where we want them.
While I don't necessarily disagree, this seems like it would create a large administrative burden and a strong incentive for businesses to simply lie (or creatively disguise) where there money going. This seems easier than fraudulently registering a for-profit business as a non-profit. Although I suppose it's hard to say whether the current or your proposed approach would result in tax breaks really happening where we want them.