tag:blogger.com,1999:blog-3481083477379506990.post699179435738365828..comments2023-10-30T05:28:11.795-04:00Comments on All Education Matters: Kill the for-profits!Cryn Johannsenhttp://www.blogger.com/profile/08452412213997621242noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3481083477379506990.post-27178722400796141722015-04-21T18:33:49.461-04:002015-04-21T18:33:49.461-04:00It is time that the word get spread that "not...It is time that the word get spread that "not-for-profit" means only that profits are not taxed, and the use of such profits is very slightly limited by law. <br /><br />Pay your President $6MM per year and give him a house and vehicle allowance? All fine. Use your untaxed profits to purchase and run peripheral for-profit schemes in housing, parking, real estate investment? All fine. Invest the profits in the stock market? Of course. Use the profit to run a private lending operation? Yup. <br /><br />Raise tuition to cover the obscene salaries of your upper crust? Why not?!<br /><br />Enough. Anonymousnoreply@blogger.com