posted on May, 25 2012 @ 09:06 AM
There are multiple non profit medical institutions that are monopolies worth billions of dollars. One for example buys up every hospital and medical
centear that they can get their hands on. And pushes other hospitals out of business. Most recently, they built a new hospital near another one to
push them out of business. Ceo's making millions of dollars, corporate jets, and property ownership that surpasses that of our richest americans.
But they don't have to pay taxes. It is so bad that folks that don't live in that non profits main city have to pay an occupational tax of $50 a year
to work there. To pay for the city services that the non profit is not. All while the non profit with their monoplies, under pay and over work the
very workers that have to pay taxes to work there.
So why should non profit CEOS's and assisitant CEO's be making millions of dollars? With many other execs making huge amounts of money. And why
should a non profit that owns likely hundreds of buildings by now, not have to pay taxes? I think if a company makes billions of dollars, and uses
services, they should have to pay for them. Services include fire companies, roads, snow removal, garbage removal, police protection etc...
This is a perfect example of a rich corporation hiding behind a non profit status to line their coffers even more. Non profit or not, they use the
services provided and someone has to pay for them. Here is a fine example of a company that pays no taxes. Notice the nearly 4 billion in their
UPMC third quarter report
UPMC is a $10 billion global health enterprise with more than 55,000 employees headquartered in Pittsburgh, Pa., and is transforming health care
by integrating more than 20 hospitals, 400 doctors’ offices and outpatient sites, a health insurance services division, and international and
■UPMC’s operating revenue grew by $746 million to $7.2 billion, with an operating income of $290 million.
■UPMC’s operating EBIDA – or cash flow income – was $584 million.
■UPMC’s $3.7 billion diversified investment reserve portfolio provides for long-term sustainability.
edit on 25-5-2012 by elouina because: (no reason given)