Columbia and NYU Would Lose $327M in Tax Breaks Under Proposal

Re:Columbia and NYU Would Lose $327M in Tax Breaks Under Pro... by alephnerd on Sunday December 10, 2023 @08:05PM (#38596587)

I agree it is not a for-profit institution, but I assume the commentator is using "for profit" in the colloquial manner for "non-profit that is charging exorbitant amounts".

Pedantry and HN - name a more classic combo

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Re:Columbia and NYU Would Lose $327M in Tax Breaks Under Pro... by Wowfunhappy on Sunday December 10, 2023 @08:18PM (#38596656)

I think the distinction is relevant if we're discussing whether they deserve non-profit tax breaks.

"Their tuition is expensive" isn't a good reason to exclude them from the tax break. "They are abusing their non-profit status to basically operate as a for-profit corporation" would be a good reason, but I don't think it's true.

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Re:Columbia and NYU Would Lose $327M in Tax Breaks Under Pro... by 11217mackem on Sunday December 10, 2023 @10:55PM (#38597497)

"Their tuition is expensive" – i.e. their fee structure excludes most American families from even having the university in their child's consideration set – is a valid reason to have them pay taxes, actually.

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