Big-Money Universities Will Have To Pay Up Under Tax Bill
Big-money universities will soon have their endowments taxed under the bill that GOP lawmakers passed in December. Approximately 20 to 30 of the wealthiest universities will be subject to a 1.4 percent excise tax on their endowments, according to Neil McCluskey, a director at the pro-liberty Cato Institute who spoke with The Daily Caller News Foundation…
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Sure is empty down here...