Word: tax-exempt
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Since the chances of taxing Harvard appear slim, a panel of Cambridge citizens two months ago, urged the city to take another tack. Their suggestion was to raise the rates charged Harvard and other city institutions for water, sewer hookups, and other services. Their proposal would tack the costs of Water Department administration and a percentage of all city administration costs onto the water charge: it would raise the rate for all residents, but there would be an offsetting tax reduction for everyone but the tax-exempt universities. The proposal may not pass, for city councilors don't like...
...meantime, gay Harvard graduates have established alumni associations in Boston, New York and San Francisco, and are now forming chapters in Atlanta, Houston and Washington, D.C. The associations congregated in Boston's Park Plaza Hotel last week to plan the creation of a tax-exempt foundation that would supply tens of thousands of dollars to gay student organizations for educational activities like GLAD Days. They are also talking of setting up scholarships for gay students who have been disowned by their parents, and of funding an endowed chair in gay studies at Harvard. One gay alumnus. Toby Marotta, will soon...
First, President Bok ventured to Beacon Hill, where he informed a taxation committee that the state's independent colleges and universities could not afford to lose their tax-exempt status. Tuitions would increase if the universities helped to bail out cities like Cambridge that are being crushed by Proposition 2 1/2, he said...
When Bay State voters approved Proposition 2 1/2 last November, local politicians knew they would have to find replacement funds somewhere. With nearly 80 private--and tax-exempt--colleges and universities in Massachusetts, it was only natural for revenue-conscious politicians to look at institutions of higher learning as potential sources of income...
...several of his peers, and a group of local politicians advocated increasing state aid to communities with high concentrations of tax-exempt property, a proposal made by Northeastern University President Kenneth Ryder and Newton Mayor Theodore Mann...