Nonprofit hospital chains are buying up billions of dollars worth of real estate around the country, milking them for income while using their charity status to avoid paying property taxes that fund schools, emergency departments, and other community services. Using their taxpayer-subsidized fortunes, some hospitals are trying to influence local elections in which their profits could be at stake — including a new effort to unseat a progressive mayor who’s cracking down on a hospital giant’s tax-exempt real estate empire.
Nonprofit hospitals are exempt from paying most federal, state, and local taxes in exchange for providing free or discounted medical care, along with other charitable acts like substance abuse treatment programs. But many of these medical centers are using only a fraction of their tax breaks on charitable care and are instead spending millions or billions on assets like real estate.
The recent Wisconsin victory for Crawford is an outlier. Big business is winning in the USA due to the Supreme Court being on the take. Alito and Thomas are the truest villains in the demise of fair and free elections in this country. Musk, Bezos and friends are sucking us down the dark hole of government of the rich, for the rich and by the stupid American electorate who fall for the false promises of Trump and his rich buddies. They have actually deluded themselves into believing the yellow-domed cretin was going to make things better for Joe SIxpack and his family! 2025 will live in infamy as the year democracy died. But future generations will think it was a glorious time, since the great grifter will have re-written history and got himself portrayed as the man of the people and the greatest president in our lily white pure history.