Category: Rhode Island

What’s fair in non-profits’ property taxes? Part 4, from Occasionally to Regularly

9 March, 2012 (09:57) | Brown, Local issues, Nonprofits, Police, Policy, Property taxes, Providence, Rhode Island, Speculation, Theory, Universities, US News |

[Continued from Wednesday’s Part 3 and the preceding Part 1 and Part 2.]   By:David A. Smith   In search of principles to govern whether non-profits should pay extra tax-like payments to the cities they inhabit, yesterday’s Part 3 explored two economic-equity approaches, either a discount from full assessment (we pay less because we’re virtuous too) […]

What’s fair in non-profits’ property taxes? Part 3, from Sometimes to Occasionally

7 March, 2012 (09:21) | Brown, Local issues, Nonprofits, Policy, Politics, Property taxes, Providence, Rhode Island, Speculation, Theory, Universities, US News |

[Continued from yesterday’s Part 2 and Part 1.]   By:David A. Smith   In yesterday’s Part 2 we discovered that although a city’s claim to increased payments from its non-profit institutions derives initially from need rather than logic, large non-profits become sprawling mega-businesses (Brown’s annual budget is larger than Providence’s) and as their tendrils reach […]

What’s fair in non-profits’ property taxes? Part 2, from Never to Sometimes

6 March, 2012 (09:16) | Brown, Local issues, Nonprofits, Policy, Politics, Providence, Rhode Island, Speculation, Theory, Universities, US News |

By:David A. Smith   [Continued from yesterday’s Part 1.]   Yesterday’s post introduced the little morality play of rich Brown and poor Providence, with the city asking Brown to pay more, voluntarily, because – well – the city needs the money.   But Taveras maintains the university should give more at a time when city […]

What’s fair in non-profits’ property taxes? Part 1, follow the money

5 March, 2012 (09:33) | Brown, Local issues, Nonprofits, Policy, Politics, Property taxes, Providence, Rhode Island, Speculation, Theory, Universities, US News |

By:David A. Smith   When it comes to property taxes to be paid by tax-exempt institutions, what’s the right thing to do?      The question continues to heat up as the Great Recession keep wreaking its havoc on the living standards to which far too many of us (including public employees) have become accustomed.  […]

Needs must: Part 2, tell me thy reason why

30 November, 2011 (12:13) | Bankruptcy, Inflation, Investment, Markets, Municipal finance, Rhode Island, Sovereign bankruptcy, Speculation, US News | 1 comment

[Continued from yesterday’s Part 1.]   By:David A. Smith   Countess: Tell me thy reason why thou wilt marry. Clown: My poor body, madam, requires it: I am driven on by the flesh; and he must needs go that the devil drives. – All’s Well That Ends Well, 1601   Yesterday we saw, via a […]