• StrawberryPigtails@lemmy.sdf.org
    19·
    9 months ago

    Sometimes, but like most things in the US tax laws are often abused and misused. A simpler tax system would benefit everyone more (with the exception of tax accountants, of course), but that’s not likely to happen.

    • FuglyDuck@lemmy.worldEnglish
      81·
      9 months ago

      Tax accountants and their largest clients.

      People like Bill Gates or Oprah. Their foundations are a tax avoidance scheme.

  • 3volver@lemmy.worldOP
    43·
    9 months ago

    Also why doesn’t this disqualify religious organizations from tax exempt status under 501c3?

    “no substantial part of the activities of which is carrying on propaganda, or otherwise attempting, to influence legislation”

      • just2look@lemm.ee
        11·
        9 months ago

        To add to that, if a church is lobbying or otherwise involved in the political process, they can be reported and lose their tax exempt status.

  • xmunk@sh.itjust.works
    18·
    9 months ago

    No, they do not. Tax exempt organizations shouldn’t be private and also exempt from government oversight. I do think that legitimate small businesses should be tax exempt to simplify beaucracy, though.

    • jeffw@lemmy.world
      31·
      9 months ago

      You do realize there are requirements for tax exempt organizations, right? Like listing funding, top earners, etc.?

      Check ProPublica’s 990 explorer

    • NoIWontPickAName@kbin.earth
      2·
      9 months ago

      What kind of small business do you think should not have to pay taxes and why is them not paying their share worth reducing the bureaucracy?

      • xmunk@sh.itjust.works
        21·
        9 months ago

        I think that businesses below 200k annual income are probably not worth taxing outside of income taxes on employees. It’d probably spur small business entrepreneurship which I think is pretty healthy for market competition.