The law increases the tax to 8% on the near-trillion dollars of bloated university endowments — money that was never taxed. ...
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that’s huge: $80 billion/year in fresh money
“The law increases the tax to 8% on the near-trillion dollars of bloated university endowments — money that was never taxed. ...
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that’s huge: $80 billion/year in fresh money”
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As long as the endowments of universities are under review, how about the endowments for religious and political groups?