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That's true, but practically speaking, that's the outcome when for profit company can create a foundation. Kind of like 401k rollovers to an IRA. The worse sce
by omgwtfbyobbq 6y ago
That's true, but practically speaking, that's the outcome when for profit company can create a foundation. Kind of like 401k rollovers to an IRA.
The worse scenario doesn't preclude us from addressing less bad scenarios, but I think we should focus more time and effort on that than on reforming the laws around foundations and non-profits, and by we I mean HN readers and the general public.
- Jochim 6y agoI guess it depends on the ratio of effort to reward. Personally I think arguing for levelling the playing field through tax reform would lead to quicker/easier results than arguing for altering the ways in which companies may invest in one another but that could just be because I've been involved in less discussion around the latter issue.