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...universities such as Harvard and MIT—ones that focus on the non-monetary resources the universities provide the city.“A lot of value is added to the city from [Harvard], but often times, that is overshadowed by the fact that it is not tax-based,” Ward said.In March, City Councillor Marjorie C. Decker proposed granting Harvard a “mini-stimulus package” that would relieve the university of a portion of its Payment in Lieu of Taxes—also known as a PILOT payment—equal...

Author: By Danella H. Debel and Sarah J. Howland, CRIMSON STAFF WRITERSS | Title: New Councillor Seeks Own Niche | 4/19/2009 | See Source »

Folks in Allendale don't have extra money to spend. So the town's already meager tax base is eroding. If any of Allendale's 38 employees leaves, there will be no replacement. Jackson's dreams of a new police station are dashed. Now, he fears many of the remaining residents will leave. The other day, he showed up in town with two employment applications to cut grass at a nearby nuclear power plant. "Loads of people came up to me grabbing applications," Jackson says. Still, he's hopeful some of the federal government's stimulus money will help Allendale...

Author: /time Magazine | Title: Southeastern States Are Hit Hard By Recession | 4/18/2009 | See Source »

...faulty assumption that Harvard in some way “owes” work and high wages to its employees. A SLAM flyer asserts that, “Harvard enjoys the financial benefits of a nonprofit, without the responsibility. If Harvard is to receive so much from tax-payers, it must provide secure jobs that support the economy.” But Harvard does have an enormous responsibility—that of educating around 20,000 individuals a year. The university is tasked with producing knowledge and research that ranges from cures for diseases to models for understanding modernity. Harvard...

Author: By Shai D. Bronshtein | Title: Slamming SLAM | 4/18/2009 | See Source »

...record has given rise to the false assumption that American culture is somehow incompatible with mass transit or railroads; this is absolutely false. Poor management practices should be remedied by decisive action—for starters, President Obama ought to encourage private industry to cooperate with Amtrak by offering tax breaks for those firms willing to cooperate on the proposed renovation plan for the Acela...

Author: By The Crimson Staff | Title: Working on the Railroad | 4/18/2009 | See Source »

...Texas political insiders, Perry's waving of the flag of secession was just the latest volley in a Texas-size Republican civil war - a face-off between Perry and his potential rival for the 2010 Republican gubernatorial nomination, U.S. Senator Kay Bailey Hutchison. (See pictures of tea-party tax protests across the country...

Author: /time Magazine | Title: What's All That Secession Ruckus in Texas? | 4/18/2009 | See Source »

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