McCaughey: Ivy League hoodlums are getting what they deserve

McCaughey: Ivy League hoodlums are getting what they deserve

You and I have to pay more taxes so elite universities that willfully break the law discriminating against Jews, whites and Asians can get tax exemptions. It's a slap in the face.

‘Woke’ Ivy League Could See Their Endowments Facing Tax Avalanche

Universities are preparing for a potential financial reckoning as Wall Street advisers warn that the federal endowment tax—currently set at 1.4%—could balloon dramatically under renewed Republican efforts to penalize what they view as “far-left indoctrination” on campuses. According to Fox Business correspondent Charles Gasparino, finance executives who advise top university endowments say schools have been […]

House GOP Targets Billion-Dollar College Endowments as Anti-American Sentiment on Campuses Sparks Financial Backlash

In a bold move that signals a significant shift in the federal approach to higher education, House Republicans are proposing new tax brackets targeting massive university endowments, a measure that would dramatically increase the financial liability of elite institutions like Harvard, Yale, and Stanford. Under the proposal, endowments valued at under $750,000 per student would continue to be taxed at the existing 1.4% rate. But institutions wit…

Republicans Planning Major Increase in Tax on College Endowments

Republicans are looking for ways to subsidize tax cuts for billionaires, and one likely target is endowments of colleges and universities. This move is an extension of Trump’s war against elite higher education, especially Harvard. In Trump’s 2017 tax bill, he levied a tax of 1.4% on institutions of higher education with large endowments, relative to their enrollments. Current Republican thinking is a huge increase in that tax. Be it noted that …