As Congress and the president seek to reduce the deficit and reduce the rising cost of healthcare, I wonder if it is not time for them to take a look at nonprofit medical organizations (e.g. hospitals) that do not pay tax on their income.
As I see it, rising healthcare costs are resulting in larger and more ornate buildings; more expensive and esoteric equipment with limited use; and increasing compensation to medical organization executives.I am not sure that any of these are consistent with the nonprofit purpose for which these organizations were granted exemption from income tax.-- David J. Leedy, Fort WorthHave more to add? News tip? Tell us
