Word: tax-exempt
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...report from the Congressional Budget Office questioned universities’ issuance of tax-exempt bonds, a method Harvard has employed to raise cash over the past years...
...private universities in the district refuse to make greater contributions to the community, Flaherty said legislators can revoke these institutions’ tax-exempt status...
...health-insurance providers of the first resort, and an unfair legal burden on doctors. Substantial numbers of Republicans had always favored reform, even archconservatives: 20 years ago, the Heritage Foundation's Stuart Butler came up with a plan to provide universal coverage, paying for it by replacing the tax-exempt status of employer-provided health benefits with a system of progressive tax credits. In 1993 the Republicans, led by Senators John Chafee and Bob Dole, who never forgot that his life was saved by government health care, offered an alternative that many, including me, thought was better than the Clinton...
...longest-term bonds issued this week were priced to yield 4.02 percent over 24 years, or 0.3 percent lower than the benchmark for securities of similar quality. The below-market yield means that Harvard will pay investors less interest than average on its tax-exempt debt, but the exact savings to the University were not available this week...
Milano added that investors and companies facing high marginal tax rates found these bonds particularly appealing because they were tax-exempt...