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Short on Cash, Cities and States Consider Taxing Nonprofits
Stateline: NEW HAVEN, Conn. — When New Haven Mayor Toni Harp gazes out her office windows, she can see across the street to Yale University’s idyllic buildings and grounds — none of which are on her city’s property tax rolls.
Yale, a nonprofit despite its $25 billion endowment and sprawling property (it owns about half the land in the city, Harp says), doesn’t pay property taxes. And some officials in Connecticut, including Harp, would like to see that change.
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