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Why Are Nonprofit Hospitals So Highly Profitable?
These institutions receive tax exemptions for community benefits that often don’t really exist.
New York Times ^
| February 20, 2020
| Danielle Ofri
Posted on 02/20/2020 2:09:52 PM PST by karpov
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To: grundle
“Non-profit” is a tax status. They are allowed to make a profit - they just don’t have to pay taxes on that profit.Lol.
NOW you are stating facts. How dare you? Trying to confuse us with truth, eh?
To: grundle
“Non-profit” is a tax status. They are allowed to make a profit - they just don’t have to pay taxes on that profit.
_______________
You are so correct.
Non-profit is essentially an accounting issue.
The biggest moneymakers in our areas is healthcare and specificaly the hospital systems.
Big bucks
42
posted on
02/21/2020 3:06:13 PM PST
by
Chickensoup
(Voter ID for 2020!! Leftists totalitarian fascists appear to be planning to eradicate conservatives)
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