The “Big, Beautiful Bill” Includes an Important Change for Private Universities

elplaneta.com

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This July 4, after months of deliberation in Washington, Congress passed the “Big, Beautiful Bill,” a 900-page bill reforming thousands of laws and provisions. However, among the 140 provisions included in the new law, there is a little visible but high impact change: A measure that will significantly affect the country’s largest universities, including several located in Massachusetts. This change is called “endowment tax.” How it worksMany uni…

https://mandiner.hu/

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Donald Trump has achieved the first major legislative success of his second presidency with a sweeping, sweeping bill that he calls "big and beautiful" and reforms many of America's systems.