Thursday, November 15, 2007

To Tax or Not to Tax Nonprofits? Cities Ask the Billion-Dollar Question

Despite a long tradition of waiving taxes for charitable nonprofit groups, communities are feeling more pressure to eliminate property-tax exemptions. As communities struggle over diminishing revenue, whispers to eliminate tax breaks have grown louder...

Read more of this 11.12.07 article from the New York Times by Terry Schwadron.

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