Question
1. What should nonprofit organizations be exempt from payment of local property taxes? Dont they benefit from local services just as much as proprietary businesses?
1. What should nonprofit organizations be exempt from payment of local property taxes? Don’t they benefit from local services just as much as proprietary businesses? For instance, why should a nonprofit hospital be exempt from the local property tax, while a similar proprietary hospital is taxed? Is the argument for exemption different for a state university compared with a similar private university?
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The question of whether nonprofit organizations should be exempt from local property taxes is a complex and debated issue The rationale behind granting tax exemptions to nonprofit organizations includ...Get Instant Access to Expert-Tailored Solutions
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Microeconomics An Intuitive Approach with Calculus
Authors: Thomas Nechyba
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