Vizient, Inc. Concerned About Provisions in the Tax Cuts and Jobs Act (H.R.1)
Under current law, interest on these bonds is excluded from gross income and exempt from tax, which is critical to 501(c)(3) organizations’ ability to finance their debt. Lower borrowing costs mean hospitals can offer more services, lower costs for patients, provide necessary upgrades and invest in life-saving technology. If hospital access to tax-exempt financing is eliminated, the health and viability of community hospitals across the country will be at serious risk.
Ensuring the financial viability of our health care providers simultaneously helps care for the communities they serve. In addition to the patient care they provide, hospitals are often the largest employers in the communities they serve, and they are the second-largest source of private-sector jobs.
In addition,
About
View source version on businesswire.com: http://www.businesswire.com/news/home/20171108005911/en/
[email protected]
Source:
Following Sen. Merkley Push, Senate Democrats Join Call for Additional Wildfire Disaster Funding
Disciplined, Confident and a Little Stressed: Millennials Report Positive 401(k) Saving Behaviors in New Schwab Survey
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News