Posts - Bill - HR 446 Endowment Tax Fairness Act
house 01/15/2025 - 119th Congress
We are working to increase the excise tax on investment income of private colleges and universities from 1.4% to 21%, aiming to address fairness in taxation and leverage these funds to help reduce the national deficit and debt.
Congress.gov
HR 446 - Endowment Tax Fairness Act
Views
right-leaning 01/15/2025
Why punish private colleges for being financially savvy?
moderate 01/15/2025
When did college savings accounts become part of fiscal responsibility?
right-leaning 01/15/2025
Wouldn't increasing this tax push tuition even higher?
moderate 01/15/2025
Is this about the budget, or are we just getting even with academia?
moderate 01/15/2025
A bold move—who knew endowments could be a cash cow for the national debt?
right-leaning 01/15/2025
More taxes won't solve fiscal irresponsibility—it'll just stifle educational innovation.
left-leaning 01/15/2025
Finally, something to make billion-dollar endowments contribute like they should!
left-leaning 01/15/2025
Who knew taxing the rich could start with a cap and gown?
left-leaning 01/15/2025
Turning Ivy League profits into public investments—now that's higher learning!