Pittsburgh and UPMC

[bboy36win]

Originally Posted by guylocke

... the city needs to learn to cope or figure out a way to make some revenue from these situations. Like Boston did!!

What did Boston do?

[guylocke]

What did Boston do?

From what I gather, and I don't know the EXACT specifics, but they kindly demanded yearly "donations" equal to the tax base from a lot of their non-profits that turn revenue. lol.

[bboy36win]

From today's Post-Gazette:

A city controller's office audit found that tax-exempt organizations owned $3 billion in untaxed property within the city, on which they otherwise would have to pay $32 million in property taxes, including $8.3 million by UPMC.

... if the city was able to tax non-profit organizations.

[KimberlyAnn53]

Originally Posted by Elder18

Is anyone else disgusted by UPMC?

They offer $100 million dollars for kids to go to school and then say, "By the way, we'll only give this to you if you agree not to tax us forever."

Which is funny, because if they were taxed, the city would get like $250 million every single year.

And of course the idiot mayor you all re-elected things such an agreement is a great idea.

Perhaps Boy Mayor and UPMC discussed this during the little golf outing they sponsored that he went on earlier this year.

I know cities are cesspools of corruption, but this place really takes the cake.

Disgusting!

How interesting.

[jfre81]

Originally Posted by guylocke

I know it may seem ridiculous, but it's very sound economics. It's the way the world works. Maybe they'll have more money to go to eat. Maybe they'll do more shopping. Maybe they'll buy more drinks. Maybe they'll buy their family more christmas presents. Maybe they'll invest. Maybe they'll own a car. Maybe they'll buy a house! Maybe the local hospitals will have to take less charity cases.

round and round we go.

UPMC employs some 40K in Pittsburgh. By far the largest private employer in the city.

IMG_3296 by James Fremont, on Flickr




It's just a fact of life in the new economy. These four letters on the US Steel building, that can be read from across the city, sum it up well.

[_Buster]

That building looked so much better without that huge sign.

[krogerDisco]

Originally Posted by Elder18

Is anyone else disgusted by UPMC?

They offer $100 million dollars for kids to go to school and then say, "By the way, we'll only give this to you if you agree not to tax us forever."

Which is funny, because if they were taxed, the city would get like $250 million every single year.

And of course the idiot mayor you all re-elected things such an agreement is a great idea.

Perhaps Boy Mayor and UPMC discussed this during the little golf outing they sponsored that he went on earlier this year.

I know cities are cesspools of corruption, but this place really takes the cake.

Disgusting!

It's the Eds and Meds that are keeping Pittsburgh afloat.

[erieguy]

Originally Posted by krogerDisco

It's the Eds and Meds that are keeping Pittsburgh afloat.

Bingo