Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

I think GP deals with that in his parenthesis.

It would be nice if we held organizations to their stated missions. We don't.

Perhaps there simply shouldn't be a tax break. After all if your org spends all its income on charity, it won't pay any tax anyway. If it sells cookies for more than what it costs to make and distribute them, why does it matter whether it was for a charity?

Plus, we already believe that for-profit orgs can benefit society, in fact part of the reason for creating them as legal entities is that we think there's some sort of benefit, whether it be feeding us or creating toys. So why have a special charity sector?



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: