F & M should not be real estate tax exempt

I would propose that Corbett eliminate the tax exempt status of private colleges.

It’s bad enough that a college like F & M pays no property taxes and that over 1/3 of the students are out-of-state residents, but then they lobby the PA government for enormous grants like the $10 million they received from Ed Rendell.

They clearly have excess money, as seen with the palatial new dormitory they’ve built and the $1million salary their president received.

It’s hard to imagine that such an institution could be labeled “non-profit”, in the same category as churches and homeless shelters.

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