How the Rich Reap Huge Tax Breaks From Private Nonprofits

Re:How the Rich Reap Huge Tax Breaks From Private Nonprofits by cscurmudgeon on Sunday July 30, 2023 @09:47AM (#36931107)

Doesn’t the govt lose large amounts of money to various fraud schemes?

May be the govt should have private sector auditors to help with that?

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Re:How the Rich Reap Huge Tax Breaks From Private Nonprofits by nobodyandproud on Sunday July 30, 2023 @11:18AM (#36932053)

Yes, by underfunding auditers and accountability. Or throwing out money without any sense of accounting.

Yes, fraudsters will take full advantage of it.

Your example shows why we need more auditers and more frequent auditing, not less.

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Re:How the Rich Reap Huge Tax Breaks From Private Nonprofits by cscurmudgeon on Sunday July 30, 2023 @12:04PM (#36932641)

> Your example shows why we need more auditers and more frequent auditing, not less.

Yes more auditors for govt. Not more govt. auditors for business.

More auditing != govt auditing of private business

There is a jump of logic there to go from left to right of the equation.

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Re:How the Rich Reap Huge Tax Breaks From Private Nonprofits by nobodyandproud on Sunday July 30, 2023 @12:25PM (#36932882)

> Yes more auditors for govt. Not more govt. auditors for business.

It was your example.

Explain then the point of your example, beyond “see, government must be incompetent.”

Because I see a leap of logic in saying “government (org) +government (audit)” incompetence implies “private (org) + goverment (audit)” incompetence.

Nevermind that all nuance was stripped away in making a one-liner.

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