Taxing Complexities of Nonprofits

This chapter explores the intricate world of tax exemptions for nonprofits and charities, questioning their fairness given the growing number of large organizations operating as nonprofits. It critiques entities like credit unions and nonprofit hospitals, pointing out how these organizations often engage in profit-driven practices while enjoying tax breaks. The discussion raises important questions about the true nature of nonprofits and suggests a reevaluation of their tax statuses to better reflect their operations.