Maybe my university will actually spend theirs 😂

j/k

We’re so fucked if this stands. 😭
Reposted from Matt Blackwell
I completely missed that Republicans introduced a bill to increase the endowment tax from 1.4% to 21%. If passed, Harvard would go from paying ~$35m to $525m/yr in federal taxes (that’s 8.2% of its current operating expenses)

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