The infographic really is the best representation, Tonya. The whole point is that 501c3 itself is not the problem; it's only the most obvious sign of the problem, which is the corruption of greed and leavened teaching. In this way, it is only the tip of the iceberg.
Now imagine cutting off the top of the iceberg at sea level (and assuming that the rest of it remains below sea level). You now have no obvious warning of the danger, which is still the corruption of the church and its teachings. Do you honestly think that by removing the 501c3 barriers most churches are all of a sudden going to stop preaching their false 'prosperity gospel' and start teaching the truth of the Word? Not a chance. The danger is that by removing the most obvious sign of the corruption, new Christians and those with less discernment will be given a false sense of security that what they are being taught is the truth when it's not, just as by removing the top of an iceberg does not remove the danger to a ship.