23 March 2012 0 Comments

Democratic 1% of 1% Part 5: UPITT and Mark Nordenberg – A Double Standard – Taxpayer Subsidize Billionaire Tax Exempt Private Corporations

UPITT is, yet, another billionaire tax exempt corporation with a OnePerCenter president. Chancellor Nordenberg might consider looking at reducing costs. The annual budget for UPITT is $1,836,631, 000 (financial statement ending 30 Sept 2011) and has net assets of $3,490,954,000. That is, the total budget over two years is $3.67 BILLION dollars. 100 million over […]

22 March 2012 0 Comments

Democratic 1% of 1% Part 4: Penn State – Double Standard – Taxpayers Subsidize Billionaire Tax Exempt Private Corporation

Each year The Forgotten Taxpayer subsidizes PENN STATE UNIVERSITY. In Fiscal Year 2011-2012, the Republican Governor and the Republican General Assembly voted Penn State 227,694,000 1, almost a quarter billion dollars. For Fiscal Year 2012-2013, the Governor has proposed Taxpayer subsidy of $163,461,000 2. PENN STATE UNIVERSITY is a multibillion dollar tax exempt corporation with […]

21 March 2012 0 Comments

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, […]

15 December 2011 0 Comments

Penn State Billion Dollar “Non Profit” Bloated Bureaucracy: Taxpayer Subidizes

Each year the Forgotten Taxpayer subsidizes the tax-exempt corporate, non-profit Penn State, annual budget $4 billion,  with its overpaid, under performing professors and overstaffed and overpaid bureaucracy. Appropriations Act #14 of 2011 2011 June 30  HB 1731 Pennsylvania State University – education and general expenses and Pennsylvania College of Technology   $238,792,000 Penn State Taxpayer Subsidy […]

15 July 2011 0 Comments

Liberal Leviathan – Government/Taxpayer TempleU — Not The Forgotten Taxpayer’s Friend

Liberal Leviathan Government/Taxpayer Subsidized TempleU Raises Tuition 10%(1 July 2011)  — Because It Could and It Wasn’t Necessary. Leviathans  Ann Weaver Hart, TempleU’s President Government Subsidies permit Subsidized (and, in this case, Tax Exempt) corporate billionaires to Misallocate Resources. Pennsylvania’s Republican General Assembly passed, and the Republican Governor, passed a bill transferring $146,823,000 to TempleU […]

11 July 2011 0 Comments

Rep. Chris Ross: Bad Vote Millions for Tax Exempt Billionaires

Rep. Chris Ross  – As Expected – Robbing the Productive Earner and Saver, The Forgotten Taxpayer, to Give to Liberal Leviathan Tax Exempt Billionaire Private Education Corporations Rep. Chris Ross  (R –158th ChesCo),  as many of you know, is an Ivy graduate  voted to force taxpayers to subsidize $29,000,00 to UPENN and       […]

9 July 2011 0 Comments

Rep. Warren Kampf: Bad Vote Millions for Tax Exempt Billionaires

Rep. Warren Kampf – Disappointing The Forgotten Taxpayer – Robbing the Productive Earner and Saver, The Forgotten Taxpayer, to Give to Liberal Leviathan Tax Exempt Billionaire Private Education Corporations Rep. Warren Kampf (R –ChesCo),  as many of you know, an Ivy graduate  Voted FOR FOR $29,000,000 to UPENN and   $146,823,000  to Temple U and millions […]