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> These are for-profit institutions with huge bursaries that avoid paying almost all taxes. If it doesn’t have beneficial owners it’s not a for-profit. Eton is
by barry-cotter 7y ago
> These are for-profit institutions with huge bursaries that avoid paying almost all taxes.
If it doesn’t have beneficial owners it’s not a for-profit. Eton is in the same position as Oxford as far as having owners who receive profits from it goes. Neither do. They’re run with some regard to the idea of a mission, on inertia with the biggest impact coming from current staff.
That’s not saying they’re perfect, or that they should be allowed to continue to exist. Plenty of UK citizens hate them and the class they represent and want them destroyed. If they get a government elected that wants them destroyed they will be. Nothing lasts forever.