Word: taxed
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...fair, it’s not like Dartboard has been given much chance to recover. The American media has been making ominous forecasts day after day regarding judicial nominees, a flat tax and the forthcoming war on Iran. (That country is, after all, just one letter away and right next door to that other country that had nothing to do with Sept...
...it’s not surprising that the Cambridge City Council has passed a resolution attempting to get Harvard to pay a larger share of property taxes. As property taxes in the city continue to rise, politicians have attacked Harvard in a populist bid to calm residents. But while it is true that Harvard’s tax exempt status saves the University millions of dollars a year, Harvard should not feel obligated to repay a debt that it does...
...tax exemption policy for non-profit organizations, educational institutions included, is long standing and has maintained bi-partisan support since its inception. The rationale is simple: non-profit organizations provide a benefit to society that more than balances the taxes that they would otherwise pay. Some non-profits, such as homeless shelters, provide direct services to individuals, which benefit the broader community. Others act more indirectly by increasing property values or bringing money to an area’s economy. Simply because Harvard is wealthy doesn’t mean that it no longer brings these benefits to the Cambridge...
Harvard’s tax exemption is given because society believes that the organization provides indispensable services—services that far outweigh the remunerative sum of a property tax. Harvard students provide sustenance for Cambridge businesses while training for a lifetime of giving back to the community. A large endowment and large prospective tax revenues don’t change that...
Blame national politics. The current administration recently proposed slashing $1 billion from Section 8, the nation’s affordable housing program. Similarly, if adequate resources were actually being allocated to mental health issues and rehabilitation programs—not squandered on unnecessary tax cuts—maybe we wouldn’t have such a shameful pandemic on our hands...