Word: taxed
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...residents across the city continue to argue that Harvard, with its hefty endowment and 189 acres of tax-exempt property, could do more to assist its host city. The University contributes a voluntary payment in lieu of taxes currently set at $1.7 million, and Stone says Harvard and city officials are making “slow but steady progress” on a renewed agreement...
Harvard nears an agreement about its financial obligations to Watertown, where Harvard purchased a 30-acres office complex in 2001. Under the agreement, Harvard would pay Watertown over $3 million annually. Watertown leaders were initially upset because Harvard’s purchase could take the complex off the property tax rolls...
Harvard agrees to pay Watertown $3.8 million annually with a 3-percent increase in each of the next 52 years. The payment will compensate the town for the loss of tax money resulting from Harvard’s purchase of the 30-acre arsenal site...
...beyond such basic principles of freedom; it is grounded in the pragmatic realities of the world. In a nation where homosexuals cannot marry, countless people are prevented from visiting their dearest loved ones in hospitals. For no other reason than their sexual orientation, couples are ineligible for the tax benefits given to two people of opposite genders who visit a justice of the peace. The civil right to marriage is much more than an abstract ethical concept, though it can easily be justified by ethical principles; it is also a very real quality of life issue, one that simple compassion...
...head, which knocked him unconscious. His lone weapon was a can of ravioli his wife sent in a care package. "They didn't know what it was, something red shaped like that," he says. "Maybe they thought it was a bomb." He came home with $12,000--and taxes due, since he didn't stay the year required for tax-free status...