Posts tagged tax-exempt
Op-Ed: The Case for Gig Worker Benefits
December 19, 2024 // Independent workers miss out on many fringe benefits associated with regular employment, such as disability insurance, life insurance, or health insurance. They are also ineligible for paid family or medical leave. In 2022, the proportion of self-employed adults lacking health insurance (18 percent) was substantially higher than that among all working-age adults (12 percent). These disparities result to some extent from tax policy. For the best part of a century, businesses have provided health insurance, pensions, and other fringe benefits to employees with pretax dollars—perks that self-employed workers did not enjoy.
Teachers union rallies for increased yearly payment to school district from Cornell
October 18, 2024 // The school district derives about 75% of its yearly operating costs from local property taxes. The university has significant real estate holdings within the district, but largely does not pay property or school taxes because it, like most institutions of higher education, is tax-exempt.
Maryland Teachers Union employees earn $181,000 on average
November 19, 2023 // According to MSEA’s federal filing, at least 11 employees earned more than $200,000 in total compensation last year. Kristy Anderson, the general counsel, earned $285,962. Executive Director Sean Johnson earned $276,892. Assistant Executive Director Cathy Perry earned $259,210. Project Baltimore found that MSEA collected $26.5 million in revenue last year, the highest amount on record. Of that $26.5 million, $16.9 million went towards “salaries, other compensation, employee benefits” for the unions 93 employees. If $16.9 million went to 93 employees, that means on average, union employees earned $181,720 in total compensation. Keep in mind, MSEA is a tax-exempt nonprofit with a specific mission to elevate public education.