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-   -   heartwarming story (http://www.derbytrail.com/forums/showthread.php?t=33041)

Cannon Shell 11-30-2009 10:28 PM

heartwarming story
 
Tax college kids to pay for fatcat union pensions.


http://online.wsj.com/article/SB125963361940670699.html

DaTruth 12-03-2009 08:21 AM

"One of the problems facing Pittsburgh, and other municipalities with a large presence of nonprofit institutions, is that much of the property within city limits is tax-exempt. Pittsburgh officials say about 40% of its property is tax-exempt."

Many nonprofits exist solely to provide a source of income to those who organize one. You can really hit the jackpot if your nonprofit can somehow tap into govt funding.

Coach Pants 12-03-2009 08:26 AM

My heart don't pump no kool-aid.

jms62 12-03-2009 08:56 AM

Quote:

Originally Posted by DaTruth
"One of the problems facing Pittsburgh, and other municipalities with a large presence of nonprofit institutions, is that much of the property within city limits is tax-exempt. Pittsburgh officials say about 40% of its property is tax-exempt."

Many nonprofits exist solely to provide a source of income to those who organize one. You can really hit the jackpot if your nonprofit can somehow tap into govt funding.

:tro:


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