Extremely profititable "Non Profits" should pay their taxes too. Think about this: nonprofit hospitals, universities, charities and sports groups that have been ordained "tax exempt" by the IRS are amassing billions of dollars in assetts and pay their heads hundreds of thousands of dollars a year in salaries. According to the New York Times, property tax exemptions for non profits alone added up to nearly 13 billion in lost funds for local governments in 2006. Charity Navigator, a nonprofit watchdog group, reports that nonprofit CEO's earn higher incomes than executives in comparable industries. Some of the highest nonprofits earn over 600,000 a year. In 2006, the salaries for executives in the top 5,000 nonprofits totaled $770 million as per Charity Navigator. In Massachuchusetts, state legislators are in the process of assessing whether they should begin taxing Harvard Universitie's endowment, which has accumulated an incredible $35 Billion in assets. Time to think out of the box. C-O-H has its share of non profits while we pay One Million Dollars a year in interest payments on our debt. If we don't think fair and reasonably expect your taxes to go WAY up.