> It gets taxed as personal income so where is the problem? The thread was about non-profits. So it's a way to run a non-profit that meets the letter of the la

> It gets taxed as personal income so where is the problem? The thread was about non-profits. So it's a way to run a non-profit that meets the letter of the law but keeps raking in enourmous profits by shifting them elsewhere. There are other scenarios as well where this is abused. For instance regulated corporations that are supposed to have a cap on profits in an attempt to control prices. But that fails, because they can raise prices infinitely and just shift the profits elsewhere.