logo
    • Magazine
    • Membership
    • Donate
  • Racial Justice
  • Economic Justice
    • Collections
  • Climate Justice
  • Health Justice
  • Leadership
  • CONTENT TYPES
  • Subscribe
  • Webinars
    • Upcoming Webinars
    • Complimentary Webinars
    • Premium On-Demand Webinars
  • Membership
  • Submissions

Nonprofit Newswire | Tax Pits Nonprofits Against Seniors

Bruce S Trachtenberg
March 18, 2010
Share
Tweet
Share
Email
Print
Subscribe via E-Mail Get the newswire delivered to you – free! {source} [[form name=”ccoptin” action=”http://visitor.constantcontact.com/d.jsp” target=”_blank” method=”post”]] [[input type=”text” name=”ea” size=”20″ value=”” style=”font-family:Verdana,Geneva,Arial,Helvetica,sans-serif; font-size:10px; border:1px solid #999999;”]] [[input type=”submit” name=”go” value=”GO” class=”submit” style=”font-family:Verdana,Arial,Helvetica,sans-serif; font-size:10px;”]] [[input type=”hidden” name=”m” value=”1101451017273″]] [[input type=”hidden” name=”p” value=”oi”]] [[/form]] {/source} Subscribe via RSS Subscribe via RSS Submit a News Item Submit a News Item

March 17. 2010; Times Union | New York has joined the growing list of states and localities that are seeking to remove property tax exemptions from nonprofits, but this proposal comes with a twist. Any money collected from nonprofits would be used to lessen the tax burden on low-income senior citizens.

New York State Senate Majority Leader Pedro Espada is apparently researching a proposal that the Albany, New York Times Union reports would use new revenue from nonprofits to fund tax relief for others. “Have nonprofits contribute at a time of national sacrifice,” Espada said. “It’s not such a bad idea.”

The Espada plan, which is projected to raise millions of dollars, would impose taxes on property owners, although some small nonprofits might be excluded. This wouldn’t be the first time the state has looked to nonprofits for additional revenue. To help the Metropolitan Transportation Authority cover increasing costs for public transportation, the state last year enacted a payroll tax for all New York metropolitan-area employers, including nonprofits.

Sign up for our free newsletters

Subscribe to NPQ's newsletters to have our top stories delivered directly to your inbox.

By signing up, you agree to our privacy policy and terms of use, and to receive messages from NPQ and our partners.

While there are questions whether this plan has any chances, there’s no doubt it will run into strong opposition from nonprofits. “It’s the worst possible time to place additional financial burdens on the nonprofit community,” said Gene DeSantis, who represents hundreds of nonprofit children’s camps. “Demand for services is sky high and philanthropic giving is at rock bottom.”

Commenting on last year’s transportation bail out bill, Dennis Poust, spokesman for the Catholic Conference said that the additional payroll tax is costing Catholic schools $6 million.

As for the plan to use tax revenues from nonprofits to lower taxes for others, he said, “We would certainly vigorously oppose any changes to property tax exemptions to not-for-profits. We provide services to the state, and it’s long been recognized that not-for-profits deserve to be exempt.”—Bruce Trachtenberg

Share
Tweet
Share
Email
Print

Become a member

Support independent journalism and knowledge creation for civil society. Become a member of Nonprofit Quarterly.

Members receive unlimited access to our archived and upcoming digital content. NPQ is the leading journal in the nonprofit sector written by social change experts. Gain access to our exclusive library of online courses led by thought leaders and educators providing contextualized information to help nonprofit practitioners make sense of changing conditions and improve infra-structure in their organizations.

Join Today
logo logo logo logo logo
See comments

Spring-2023-sidebar-subscribe
You might also like
5 Land Defense Protests Around the World
Iris Crawford
Turning Toward EV Frontline Communities
Katherine Leah Pace
Muslim Women Are Reclaiming The Narrative
Anmol Irfan
How Policy Is Building a Social Economy in South Korea
Minsun Ji
Nonprofits and Movements: How Do the Two Relate?
Steve Dubb
Human-Centered Design for Behavioral Health
Sonia Sarkar

NPQ Webinars

April 27th, 2 pm ET

Liberatory Decision-Making

How to Facilitate and Engage in Healthy Decision-making Processes

Register Now
You might also like
AOC’s “Tax the Rich” Dress Dazzles Met Gala, while...
Anastasia Reesa Tomkin
Foundation Giving Numbers for 2020 Show 15 Percent Increase
Steve Dubb
Strike MoMA Imagines Art Museums without Billionaires
Tessa Crisman

Like what you see?

Subscribe to the NPQ newsletter to have our top stories delivered directly to your inbox.

See our newsletters

By signing up, you agree to our privacy policy and terms of use, and to receive messages from NPQ and our partners.

NPQ-Spring-2023-cover

Independent & in your mailbox.

Subscribe today and get a full year of NPQ for just $59.

subscribe
  • About
  • Contact
  • Advertise
  • Copyright
  • Careers

We are using cookies to give you the best experience on our website.

 

Non Profit News | Nonprofit Quarterly
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.