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Started By
Message
re: Breaking: GOP tax bill now includes large tax increases on college endowments
Posted on 5/10/25 at 4:47 am to trinidadtiger
Posted on 5/10/25 at 4:47 am to trinidadtiger
quote:Especially when the "benevolence" amounts to a tax-free, overseas, money laundering operation.
I always wondered why you had to get a tax break to be forced to be benevolent. If you truly cared, why would you need a tax credit to do it?
0
Posted on 5/10/25 at 5:44 am to HailHailtoMichigan!
TIL MAGA is pro-increased taxes.
Posted on 5/10/25 at 6:01 am to Ten Bears
quote:
The pace with which some are embracing tax increases is astonishing.
Yep.
A better idea would be to use these 'endowments' which are nothing more than money laundering schemes to fund the ccp/dnc, to pay off the ridiculous amount of student loans that most of these diploma mills enticed folks into.
Posted on 5/10/25 at 6:12 am to TBoy
quote:
Trump can bankrupt our elite colleges
Have you seen what DEI has done to your so called "elite" colleges? They aren't exclusively accepting the brightest bulbs on the tree anymore.
Posted on 5/10/25 at 7:25 am to HailHailtoMichigan!
Yall get a hard on for this just because of the Harvard situation but this hurts education at poorer schools too. And it’s not going to affect Harvard that much.
Posted on 5/10/25 at 7:40 am to Jdiggy
quote:
Yall get a hard on for this just because of the Harvard situation but this hurts education at poorer schools too. And it’s not going to affect Harvard that much.
Based on the figures in the tweet, this is specifically targeted at schools like Harvard. Majority of schools wouldn’t be affected. Again based just on what I read in the tweet and cursory knowledge of endowments per student.
Posted on 5/10/25 at 7:49 am to HailHailtoMichigan!
Taxing education instead of Billionaires? Only in Trumps America.
Posted on 5/10/25 at 8:27 am to Bonkers119
quote:
Taxing education instead of Billionaires? Only in Trumps America.
You figure that endowment money is coming from poor people?
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