Think about this from a somewhat philosophical perspective

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Assignment:

The focus is on taxation of tax exempt institutions, which are generally classified as "charitable" under state and federal law and therefore receive state and federal tax exemptions.

QUESTION: Aside from their meeting state and federal requirements for charitable exemption, why do we view health care institutions like hospitals as deserving of a tax exemption? Think about this from a somewhat philosophical perspective! Given the nature of healthcare, should we rethink granting "charitable" hospitals tax exemptions, or can they still have a useful purpose?

Reference no: EM133459780

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