Tax university endowments heavily to the extent the funds
by Barrister (2024-02-20 13:24:49)

In reply to: PBR Poll on Possible Federal Revenue Enhancements....  posted by Raoul

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exceed the operational requirements of the schools. I know there is (was?) a small tax on endowment income, but it's like 1 percent and only on income and not total assets.

It should be substantial, and on the total value of the endowment. Think of it as a university wealth tax.

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