Word: exempted
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...Yale's $6 million deficit, Giamatti will have to initiate cost-cutting measures, which will inevitably alienate certain members of the university. To make matters worse, he will have to face the city of New Haven, which is less than pleased with the presence of the monolithic tax-exempt establishment, considered to be both elitist and stingy...
...with other community organizations, some Harvard-related and some not. Van Dyke says one of the most important placement areas remains Mass Fair Share, a Boston-based organization which, among other activities, has pushed the University to increase the payments it makes to Cambridge and Boston for its tax-exempt land holdings...
Councilor David Wylie noted that although he did not think tax-exempt institutions could afford to pay normal taxes, he "would like to see them pay more...
...know how this would assist Cambridge with its substantial college holdings," Crane said, nothing that 52 per cent of all land in Cambridge is owned by hospitals or institutions of higher learning. Harvard is the principal tax-exempt landowner in Cambridge...
Crane said the legislation he plans to introduce is based on a law passed in Connecticut last year. That law stipulates that the state must give communities with tax-exempt institutions 25 per cent of what the city would receive if those institutions were taxed at normal rates...