| Re: How the hell are collectives supposed to pay taxes but be non profit?
maybe a better question is how do all the clubs/collectives qualify as non-profit.
lets say a clubs picks up 5lb of herb at 2500 per lb = $12500. lets say rent is $2k
so we're up to 14500. lets assume they sell all the herb at 45 an 1/8. 640(1/8) x 45($) = $28800. if you have 14.5k in expenses and you've made 28.8k from "donations" i'm seeing about 14k profit in a month just from my simple scenario i can't even imagine what they really make.
lets not pull punches here! the clubs are making a PROFIT! if paying taxes keeps the heat off then the smart clubs would be paying taxes.
i'm all for clubs but they are greedy bastards! they offer growers rediculously low prices and charge up the ass when they RESELL it.
lol call it a "donation" but it has a set price.... wtf that isn't a donation
1. a voluntary gift (as of money or service or ideas) made to some worthwhile cause
2. act of giving in common with others for a common purpose especially to a charity
3. A donation is a gift given by physical or legal persons, typically for charitable purposes and/or to benefit a cause.
non-profit means spread the wealth. pay your growers well, pay your employees well (lol volunteers) take the tip jar off the counter! and don't keep all the profits for yourself.
just my 2cents |