Expect more of this.
The New York Times reports that many states, led by Minnesota, are considering imposing taxes on non-profit organizations as a way to help solve budget shortfalls:
Faced with steep declines in tax revenue, an increasing number of states and localities are considering eliminating various tax exemptions for nonprofit groups.
Calvin K. Y. Say, the speaker of the Hawaii House, supports eliminating exemptions for nonprofit groups.
A bill before the Hawaii Legislature, for instance, would require charities to pay a 1 percent tax, and Kansas is considering making them subject to sales taxes.
Revoking the nonprofit organizations’ exemptions from property taxes is also under scrutiny in several counties in Kansas, as well as in Pennsylvania.
And last fall, Minneapolis made charities subject to the fees it charges businesses and residents for streetlights in hope of gaining an additional $155,000, an exercise Jon Pratt, executive director of the Minnesota Council of Nonprofits, describes as “looking under the sofa cushions.”
Eliminating government waste and cutting back on entitlements is simply too dangerous for politicians so expect more creative tax increases to come your way regardless of what state you call home.
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- Welcome to Florida Rich New Jerseyans and Oregonians. Won’t You Stay Awhile?
- State Tax Increases in Washington and Arizona
- Oregon Says Yes to Taxing Guy Behind the Tree
- Flori-gon?
- Florida Sales Tax, Internet Sales and Remember the Lottery?
- Tax Scratch Fever
- States Cracking Down on Taxpayers
- Just a Little Bit of History Repeating
2 responses so far ↓
1 Illinois to Raise Income Taxes? // Mar 11, 2010 at 9:11 am
[...] States Going After Tax Exempts to Raise Revenues [...]
2 OECD Recommends Tax Increases to Stimulate Growth // Mar 12, 2010 at 9:06 am
[...] States Going After Tax Exempts to Raise Revenues [...]
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