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.
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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