They don’t tax wealth much, their income taxes are high but not very progressive, and they rely a lot on consumption taxes.
Although a retail trust company structure may add complexity, it may be just the solution an MFO needs to be successful in the long term.
A brief history of S-corps and why change could open a world of opportunities to greatly benefit both small business owners and charitable organizations.
Contrary to popular belief, there is no such thing as the perfect IPS.
