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Tuesday, December 5, 2017

Wingnuts sneak provision into tax bill to benefit one college favored by wingnut billionaires

Late Friday night, wingnuts released a 479-page amendment to their tax scam bill.
Someone should have read it first.
Tucked away on page 289 is a provision that would exempt certain colleges from a special tax on university endowments. It would only apply to colleges that: 1. Did not accept federal funds, and 2. Had an endowment of at least $500,000 per student.
There appears to be only one educational institution in the entire country that would benefit: Hillsdale College.

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