Quote:
Originally Posted by Cannon Shell
Perhaps you dont understand that NYRA is a not a profit, therefore is encumbered by laws that force it to give any profit to the state. If you can't keep what you make how can you do well businesswise?
Where do you think the money goes????
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We all know it is a not profit organization. But not for profits are able to keep money on the books. They have to keep money on the books in order to pay for expenses. Not for profit really only means that they do not pay taxes. But the NYRA does not have enough money to cover their operating expenses. It is just a poorly ran non-profit.