Resolved: tax status is no proxy for virtue โ Gavia Libraria
lterrat's bookmarks 2016-12-16
Summary:
"Non-profit tax status is no bulwark against abusive business practices such as but not limited to overcharging; it merely arranges that the proceeds therefrom do not go to business owners (including shareholders).
The American Chemical Society is non-profit. It also muscles in among the biggest of the big pigs in the most-loathed-vendors list of practically every license negotiator the Loon knows who has to purchase in chemistry. Oxford and Cambridge University Presses are non-profit. They are also suing Georgia State University over electronic reserves used in college teaching."