Word: profitted
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Dates: during 1970-1979
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Harvard, as a non-profit institution, has been free from taxation, to the chagrin of local tenants and small homeowners who claim they must shoulder an unfair proportion of the property tax burden...
...futility for the tenants and homeowners, however. City Manager Sullivan told the council he thought passage of a new state tax law would be both impossible and "probably unconstitutional." He added that such a law might be interpreted by other communities as a license to tax all non-profit institutions, including churches and charity groups...
...cannot divert profit from private organizations for something that is the taxpayers' responsibility," he said...
Fine will pay about $352,000 for the paper, giving each staff member stockholder about $10,000 profit. Tonight, after they vote to ratify the sale, some of these soon-to-be nouveauriche will go drinking to celebrate. But it will probably be a muted celebration, because Real Paper staff members don't know whether Linsky will let them stay, or even whether they will want to; they don't know how he will change their paper with all of his ideas, hatched in a Republican politician's head and scribbled down late at night: and they're not sure...
...report recommended a more flexible treatment of adult students in admissions policy, and said undergraduate students would profit from exposure to a "group of mature, exciting, highly motivated people...