Tragedy 2: The"Non-profit" Sanctimony Source Code

New Orleans non-for-profit public school - Ruby Bridges 1960 - Happy Birthday

Do not mistake "margins" for greed.   Having a margin, or "profit", on a transaction is like insurance.  Someday you will have another transaction... an unintended loss, or a call for help. Your margin allows you to have a positive impact on other peoples lives (employees, creditors, family).  Things don't always go as planned.  There is no place that's more true than Africa.

In the words of an old chum at the University of Arkansas, here's how most of us see wealth.

'I see dollars kind of like I see calories.  When I see a person who doesn't get enough calories, who's skinny and weak, it makes me uncomfortable.  It's unattractive.   When I see someone who's getting more calories then they need, I kind of see it like an obese person.  It's unattractive.   I like to be around healthy people who make enough money.' - Bertrand X?, friend at U of A

But there is an entire group of people who think "profit" is "likely bad".  They are anti-globalist.  And they often seek out a once-obscure federal tax statute to "certify" business partnership.

"Your company is for profit.  I work for a non-profit.  You shouldn't charge me recycling fees."  

I made more money working for non-profits than I have made running a small business, and I have helped more disadvantaged people with my business than I helped working in the not-for-profit sector.  I'll demonstrate that later.   But using a tax code to predict environmental outcomes was a key ingredient in the decade's "e-waste tragedy".  I'm not going to attack non-profits, but the belief that the tax status is necessary or sufficient to predict best behavior will attract wolves in sheeps' clothing.

Why do people attach a moral fetish to a federal corporate income tax filing statute?  What's with the obsession over corporate filings, as an indicator of morality? Why are some people more suspicious when I take my personal savings, buy a truck, drive it for income, and pay taxes on that income?  What makes a federal tax category more "honest" and more "trustworthy" than a small business?