Oh, of course, Harvard’s $32 billion fund is tax-exempt, of course.
That’s their “fair share” of income taxes, zero.
Rush’s line of the day today: If Ward Churchill had a daughter, she’d look like Elizabeth Warren.
“Oh, of course, Harvards $32 billion fund is tax-exempt, of course.”
And, what’s better, I expect 98% of the Harvard faculty and administration support that so-called “Buffet Rule”, by which people who actually earned the money from which their investment income came, now be taxed a second time at a 30% rate on those gains and dividends.