Democratic 1% of 1% Part 3: UPENN and Amy Gutmann – A Double Standard – Taxpayers Subsidize Democratic Millionaires
UPENN is multibillion dollar private tax exempt corporation with an annual budget of $6 billion dollars, the second largest employer in Pennsylvania, after taxpaying Wal*Mart, with a highly paid administrative staff, including 1% of 1% President Amy Gutmann.
UPENN President Amy “OnePerCenter” Gutmann is paid $1,367,000 in 2008; 15th highest of university presidents in 2010, the top of the top of 1% of US taxpayers.
Each year The Forgotten Taxpayer subsidizes UNIVERSITY OF PENNSYLVANIA. In Fiscal Year 2011-2012, the Republican Governor and the Republican General Assembly voted University of Pennsylvania $29, 000,000 Appropriations Act 12A Jun 30 HB 1729 University of Pennsylvania – Center for Infectious Diseases, veterinary activities and education and general expenses $29, 000,000 to UPENN
2012-2013 proposes eliminating subsidy to multibillioniare private tax exempt UPENN
Governor’s Budget Office University of Pennsylvania –
Last Year This Year Reduction % Reduction
87 * Veterinary Activities 27,889 0 (27,889) -100.0%
88 * Ctr Infectious Disease 248 0 (248) -100.0%