- Sep 19, 2011
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There is a thread title: 'Healthcare should not be a PROFIT driven field " which triggered my title.
After all what is the source of almost all "non-profit" organizations?
Nonprofits can and do utilize the following sources of income to help them fulfill their missions:
Sources of Revenue for Reporting Public Charities..
23.2% -- from Fees for goods and/or services from Government...
52.4% -- from Fees for goods and/or services from private sources
13.6% -- Corporate contributions/ Individual donations and major gifts Bequests
8.9% -- Foundation grants Government grants and contracts
2.1% -- Other
How are nonprofits funded
SO non-profits by definition make NO profits hence no taxes!
Right away non-profits are living off the fact that those evil profit making people/companies MAKE profits and then they pay taxes!
And then... after PAYING taxes 32.1% of payments from government collected TAX money goes for goods/services to non-profits and
government grants!
HOW will non-profits exist if most of the "for profits" are out of business?
After all Obama has stated clearly he'd prefer the 1,300 insurance companies go out of business that PAY $100 billion in taxes!
Where will the non-profits get money of billions of for profit companies TAX revenue goes away???
After all what is the source of almost all "non-profit" organizations?
Nonprofits can and do utilize the following sources of income to help them fulfill their missions:
Sources of Revenue for Reporting Public Charities..
23.2% -- from Fees for goods and/or services from Government...
52.4% -- from Fees for goods and/or services from private sources
13.6% -- Corporate contributions/ Individual donations and major gifts Bequests
8.9% -- Foundation grants Government grants and contracts
2.1% -- Other
How are nonprofits funded
SO non-profits by definition make NO profits hence no taxes!
Right away non-profits are living off the fact that those evil profit making people/companies MAKE profits and then they pay taxes!
And then... after PAYING taxes 32.1% of payments from government collected TAX money goes for goods/services to non-profits and
government grants!
HOW will non-profits exist if most of the "for profits" are out of business?
After all Obama has stated clearly he'd prefer the 1,300 insurance companies go out of business that PAY $100 billion in taxes!
Where will the non-profits get money of billions of for profit companies TAX revenue goes away???