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lostnfound

(17,000 posts)

3. Donor rights?.billionaires create their own charitable foundations, no tax; but professionals donate...

Reply to justaprogressive (Original post)

Fri May 30, 2025, 09:50 PM

Friday

Successful professionals donate to their Alma mater expecting it to go to a good cause.
If they can impose a 21% tax on college endowment income, then every billionaire’s pet charitable trust should also be taxable.

Not to mention the part about not wanting people to be educated and the other part about disempowering any opposition.

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Why Are Republicans Planning to Tax University Endowments More Heavily Than Other Forms of Private Wealth? [View all] justaprogressive Friday OP

Simple... because they support education and Repukes want a dumbed down society. kysrsoze Friday #1

All of these assaults are assaults on education itself peggysue2 Friday #2

Donor rights?.billionaires create their own charitable foundations, no tax; but professionals donate... lostnfound Friday #3