Wednesday, February 7, 2018

It's Time to End Property Tax Exemption-For Everyone

In this article, David Brunori discusses how some states are proposing to tax nonprofits on property they own. In Maine, the Governor proposed to end property tax exemptions for nonprofits with assets of more than $500,000. He details that both nonprofit organizations and local governments are against this. He then goes on to propose that we end all property tax exemptions. He believes we should end these exemptions because by narrowing the tax base through these exemptions everyone else pays more and because nonprofits use local government services. To learn more about these ideas, click here:  https://www.forbes.com/sites/taxanalysts/2015/02/14/its-time-to-end-property-tax-exemptions-for-everyone/#2312adc57497

 

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http://lawprofessors.typepad.com/nonprofit/2018/02/its-time-to-end-property-tax-exemption-for-everyone.html

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