Perhaps these “retailers” could drop the corporate status and reorganize as nonprofits.
No profits would mean no taxes on profits.
But then, what would be the incentive to stay in business?
Hmmm... Interesting.
Perhaps these “retailers” could drop the corporate status and reorganize as nonprofits. No profits would mean no taxes on profits. But then, what would be the incentive to stay in business?Like being a highly-paid, do-nothing member of the Board of Directives of a non-profit offers no incentives!
Just ask Chelsea Clinton!
Regards,