This distorts outcomes and harms everyday Americans through their higher cost. Ronald Reagan once said, if you want more of something, subsidize it. If you want less of something, tax it. Nonprofit and for profit entities have significant tax incentives to meddle in and distort the US Legal system, whether for economic or political gain, with no accountability and no transparency. Similar to the complex business structures of nonprofits, for profit entities are structured to operate within our court system, in some cases tax free with preferential capital gains treatment. (00:56–01:08)
CLAIM
Asserts that tax incentives allow entities to manipulate the legal system without accountability.
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