Republicans in Congress increase tax growth for best university presentations

Unlock Watch Bulletin Free from White House

Your guide to Washington and the world for the 2024 election of the United States

Republicans in Congress, increasing the rates of investment income in the extensive attack on the elite academy, try to remove billions of dollars in the volume of highest US universities.

At least three bills offered since January aim to lift the tax rate on investment income, 21 percent to 21 percent. Two of the Billes, the University’s limit to $ 500,000 will lower the levels of $ 200,000 for a student. Growth Can lift up to $ 112 billion During the next ten years, due to non-profit tax foundation.

The richest in the country Schools If confirmed, including Harvard, Stanford and Princeton, it would be subject to the collections. The universities invest in investment and use gains to finance all kinds of operations, including professor salaries, financial assistance, student application and campus. Like the $ 50 billion fund of Harvard, the return of investment is the largest source of financial source, which represents more than one-third of revenues.

Proposed tax Increases, US President Trump has the most end of a barrier of higher education and threats that keep university officials outside the authorities in January. Schools in the country have already caused concern or disturbance on federal research grants or other financing risk or disappearance, their motivation and university financial and convenience.

“It is simply built to take money from organizations and send to Washington,” said Steven Bloom, Assistant Vice President for the State Council of Universities and Colleges. He added that 48 percent of sensitive costs went to financial assistance. “If the goal is to provide financial assistance, the tax undermines it.”

Texas Republican representative Troy Nehl Nehl, who offered a draft law with a 21 percent tax rate, was the fact that the main goal was “parity between the tax rates paid by taxes paid by taxes.”

The end of a high-ranking body of a high-ranking association of a group of universities caused “uncertainty and chaos” between the ends of an institution and the latest attacks of other education.

Tax discounts and jobs with the first term of Trump, for the first time, the country’s most richest private universities have applied 1.4 percent taxes, non-profit organizations such as non-profit organizations. Only 56 institutions In 2023, it had to pay a total of $ 380 million.

This time, the small gifts can also fall into the victim. One of the law projects presented by the representatives last month, Nicole Malliviiotakis, Dave Joyce, aimed at applying a capital gained tax to schools worth $ 250,000 for each student.

“Little schools are not serious enough to endure money than their gaves,” John Griffith, Hirtle Callaghan & Co. and a former head financial employee in Bryn Mawr College “has less financial comfort.”

When the bills are becoming a law, universities should panic because the proposals support the White House. In 2023, the Senator, JD Vance, forced tax tax to rich bodies to raise tax taxes to a higher level of the legislative session.

Although the proposals did not explain the liberal campus ideology, they claimed that the recent protests against the Israeli-Hamas War, some university officials, the driver of the driving of those university officials.

“This is a way of guidance to punish a larger institutions that they believe in their current management ideology,” he said, “he said. “If you look at the projected revenue that such a tax will actually produce.. It is intended to overturn our higher education system to reduce existing sources for structures.”

Arkansas Senator Tom cotton, on Tuesday, the law of the security tax, the country offered 6 percent of the country in 11 rich private schools. “Our elite universities need to know the cost of pushing the anti-American and terrorist agenda,” he said in X on Tuesday.

Only the fear of higher taxes already affects. Stanford and Cornell Universities asked the freezing freezer institute.

As the white house is further pressured to finance the best universities, the collections are working by Congress. Last week, the Trump management canceled about $ 400 million in the federal grants and contracts to Columbia University in New York.

The federal support for Colombia will be reduced to the heels of national health institutions and federal expenditures to reduce up to $ 4 billion for research projects in the United States and are disastrous for research universities.

“It depends on the convenience of the university,” Princeton President Christopher Eisgruber said during a city hall in February during a city hall.

“If the gift is taxed, it gives results for some things we make.”

Information visualization by Sam learning