13 June 2011 0 Comments

Millions to Billionaire: Penn State $4 billion Nonprofit and The Forgotten Taxpayer

 

The Profitable Nonprofit

 

Nonprofit means never having to pay taxes

 

Penn State University Professors Do Not See the World with the Eyes of The Forgotten Taxpayer

 

Total University  $4,016,443,000 (Penn State University Fact Book)

 

According to Penn State-supplied numbers, the proposal would mean a decline of $182 million from current state funding levels for the university. Corbett, in his budget address Tuesday, called for shared sacrifice as the state tries to control its spending and cope with a $4 billion deficit.”    FYI $182 Million is 4.5% of Profitable Nonprofit Penn State University’s total budget.

 

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