Lawyer: Hospitals breathing ‘sigh of relief’ over Supreme Court’s property tax exemption ruling – Cook County Record

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Freddy
5 years ago

Here in Rockford we are building a new Mercy Health $505 million hospital. This 1/2 billion dollar structure will pay no property taxes while I pay $6,900 on a $157K home. Even though they will hand out some charitable healthcare they will still be making lots of money. By this same reasoning if I donate a small portion to my church or any charitable organization my property should also be tax exempt. The hospital is not giving 100% of profits to free healthcare as I do not give 100% of my income to charity. They should at least pay for… Read more »

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