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Posted on 05/12/2011 9:37:46 AM PDT by Qbert
As recession-racked cities struggle to balance their budgets with everything short of feeling behind sofa cushions for loose change, a growing number are seeking more money — just don’t use the word taxes — from nonprofit institutions that occupy valuable land but by law do not pay property taxes.
[Snip]
Boston has been sending letters to its largest nonprofit institutions this year, telling them the value of their land and asking them to begin making annual payments that would eventually rise to a quarter of what they would owe if they paid property taxes. Mayor-elect Rahm Emanuel of Chicago wants the city to begin charging water fees to nonprofits, which have been spared them in the past. And the mayor of Providence, R.I., Angel Taveras, cited Boston’s example this month when he called on nonprofits to pay more money to the city.
“Every citizen, every city worker, every taxpayer, every business and every organization — including tax-exempt institutions — must share part of the burden of saving our city,” Mr. Taveras said in his budget address. He proposed closing Providence’s $109 million budget gap by shutting schools, laying off workers, cutting the Police and Fire Department budgets and raising taxes on homeowners as well as seeking larger payments from the city’s prestigious universities and other nonprofit institutions.
[Snip]
As nonprofits grow in size and importance in many cities, manufacturing has disappeared and development has moved to the suburbs, leaving much of the best land in some cities off the tax rolls.
So as the fiscal crisis lingers, some cities are weighing new fees on nonprofits for things like water service, street drainage and streetlights. Others, including New Orleans, want to tighten the rules establishing how tax-exempt status is granted...
(Excerpt) Read more at nytimes.com ...
Shared burden
Shared sacrifice
Fair share
Collective salvation...
“If they’re becoming enlightened they’re clearly not interested in allowing the info to inform their feeble minds.”
Yeah, I think of it more as a kind of ominous, free-floating sense that something is clearly wrong. But they will never admit it.
City governments chased out industry by taxing them. They chased out the rich and middle-class residents by taxing them. Now they’re going to drive out the charities, too. What’s left? Poor people and the government who knows what’s best for them.
There is a lot of room for fraud in our so-called “charitable giving”.
I think it’s way past time to establish a maximum deduction for an individual’s “gifts” of cash.
I think there should be no tax-deduction at all allowed for “gifts” of property. How often are the “values” of such property gifts (and the resulting tax-deduction) determined by a friendly “appraiser”, with no regard whatsoever for their original cost or actual market value?
I think that limiting the charity “loophole” would be a REAL way to tax the “idle rich” whom Democrats claim to hate. Let’s test that claim...
You realize who you're really punishing?
Legitimate charities.
Why would you want to do that?
If you want to read a fun murder mystery about non-profits scratching each other's backs, pick up Treasure Hunt, by John LesCroart.
Yes because private nonprofits are just leeching off the communities.
expect that if this kind of thing goes on, it won’t stay at 25% for very long, it will rapidly go up.
Also shows these government people will do whatever not to decrease the size and scope of their governments.
If you’re non-profit, you aren’t doing it right.
I’ve been comparing the Evil Fedgov to an octopus lately. Great cartoon. Whey they used to be real artists.
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