Word: exempt
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Dates: during 1990-1999
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This scenario is all too familiar to the citizens of Cambridge, where about half the land in the city is tax-exempt...
Although Harvard is one of the biggest tax-payers in Cambridge on the basis of its commercial and rent-controlled residential properties, some people feel that certain properties which are exempt should be taxed...
McDevitt says that tax assessors in Cambridge are in a good position because the city is closely knit and in good communication with its non-profit institutions. He says, however, that the city has to be careful how much it pressures these institutions because ultimately they are tax-exempt and not obliged to make a contribution...
...really hard for a city or a town to play hardball with some organization because they are exempt," McDevitt says. "There's a moral obligation, there's a persuasion, but the reality is that they are exempt...
...root of the problem is the question of what exactly should be tax-exempt. Some feel that Harvard's tax-exempt status has allowed it to expand, thereby reducing the city's tax base and increasing its financial difficulties...