just_another_person@lemmy.world to politics @lemmy.world · 6 days agoTrump Medicare pick Dr. Oz says uninsured ‘don’t have right to health’ in resurfaced clipwww.rawstory.comexternal-linkmessage-square177fedilinkarrow-up1854arrow-down111
arrow-up1843arrow-down1external-linkTrump Medicare pick Dr. Oz says uninsured ‘don’t have right to health’ in resurfaced clipwww.rawstory.comjust_another_person@lemmy.world to politics @lemmy.world · 6 days agomessage-square177fedilink
minus-squarePacattack57@lemmy.worldlinkfedilinkarrow-up8arrow-down3·6 days agoThat wouldn’t work because there is no regulation. It’s very easy to spend all profits on stock buybacks and say you’re now non profit
minus-squareAliasAKA@lemmy.worldlinkfedilinkEnglisharrow-up16·edit-26 days agoNonprofits are non stock issuing; since there are no shares, they can’t have any buybacks.
That wouldn’t work because there is no regulation. It’s very easy to spend all profits on stock buybacks and say you’re now non profit
Nonprofits are non stock issuing; since there are no shares, they can’t have any buybacks.