00:00:00
You tell me how the 90% of what we call nonprofits today fall under that definition. The
00:00:07
definition of exempt activities is charitable, religious, educational, scientific, literacy, public safety, or
00:00:15
fostering amateur sports competition, or preventing cruelty to children or animals. We have completely
00:00:22
closed our eyes to the fact that organizations, regardless of political affiliation, social interest, have
00:00:29
fundamental commercial and probably not aligned interests with the definition of
00:00:34
a 501c3, and we've allowed them all to get away with it for far too long. I don't think that this is a blue or red
00:00:41
thing. I think that this is a thing where we let these organizations make it easy to get money, to hide the money,
00:00:47
and to do whatever the hell they want with the money. And we need to stop it. And I think that it's an amazing
00:00:51
opportunity right now for everyone to kind of reset the decks by clearing all the up and getting all of these
00:00:58
organizations flushed, and make sure that any organization that wants to do whatever bull nefarious things they want
00:01:04
to do, by all means do it. But it's not a nonprofit, and you shouldn't get a
00:01:08
charitable donation deduction, and the government should not be putting money into these sorts of things. This is an
00:01:14
entirely different sort of activity in the social order. And as a libertarian, I'm all for it. But I don't think that
00:01:21
they should be tax exempt, and I don't think they should be getting government
00:01:24
money, and I don't think that individuals should be benefiting from giving them money. And if we could fix
00:01:29
all that up, I think a lot of these problems are going to go away.