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They're tax exempt. If they want to throw off the yoke of so-called authoritarianism, they're free to reincorporate as public benefit corporations and pay taxes
by throwup238 2y ago
They're tax exempt. If they want to throw off the yoke of so-called authoritarianism, they're free to reincorporate as public benefit corporations and pay taxes on all the capital they've been hoarding.
- s1artibartfast 2y agoSeems like the public benefit is clear. The benefit provided by a non-profit need not be available to all. In fact, they are allowed to be extremely exclusive. Why should private schools be treated different?