This was included in Build Back Better by the way.
Harvard pays 1.4% on gains. They want that eliminated. This tax only applies to Endowments that have over $500K per student. Only 50 schools pay the tax (I think Texas is included in that, MO is probably not).
This is up @bhinkle50 's alley, more Dems demanding that everyone else pays taxes except them. I mean SHIT, it is a 1.4% tax on Gains. WTF. I think Harvard should have close to $50 Billion in their Endowment after last year.
BTW, they are lobbying the dems to eliminate the tax.
Harvard pays 1.4% on gains. They want that eliminated. This tax only applies to Endowments that have over $500K per student. Only 50 schools pay the tax (I think Texas is included in that, MO is probably not).
This is up @bhinkle50 's alley, more Dems demanding that everyone else pays taxes except them. I mean SHIT, it is a 1.4% tax on Gains. WTF. I think Harvard should have close to $50 Billion in their Endowment after last year.
BTW, they are lobbying the dems to eliminate the tax.
