Arizona Republican Introducing Legislation to Tax College Endowments: ‘Enough is Enough’
Arizona Republican Rep. Eli Crane is introducing legislation to tax the multi-billion dollar endowments of colleges and universities.
This is way past due. Harvard and many other schools have endowments that are larger than the GDP of most of the countries on the planet.
Following all of the shocking displays of anti-Semitism and support for Hamas on college and university campuses in recent months, several billionaire donors have pulled support for various schools but that isn’t enough.
The way to create real change in our radicalized higher education system is to hit them where it hurts. Right in the wallet.
Townhall reports:
‘Enough Is Enough’: New Plan Introduced to Tax University Endowments
Arizona Republican Congressman Eli Crane has introduced legislation to tax massive endowments held by the country’s elitist academic institutions as their leaders repeatedly fail to offer moral clarity on a variety of issues.
