heartwarming story

Cannon Shell · #1 11-30-2009, 10:28 PM

Tax college kids to pay for fatcat union pensions.

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

DaTruth · #2 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.

#3 12-03-2009, 08:26 AM

My heart don't pump no kool-aid.

jms62 · #4 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.