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Harvard University is facing a potential annual budget shortfall of approximately $1 billion due to federal actions under the Trump administration. These measures include proposed changes to research funding, tax policies, and student enrollment regulations. A recently passed tax increase on large university endowments, part of the GOP's legislative package, is expected to contribute significantly to the financial strain on Harvard and other wealthy institutions. Analysis from the American Enterprise Institute projects that over the next five years, Harvard and Yale will incur substantially higher federal taxes as a result of these policies.
Conservatives should be for aggressive new taxes in two areas 1)On remittances to foreign counties 2) On the endowments of the universities
Our man @jameslynch32 also notes that in the coming years, America’s best-endowed universities are going to be paying way, way more in federal taxes: "An analysis from the right-leaning American Enterprise Institute found that over the next five years, Harvard University, Yale
The new tax on large university endowments, passed as part of the GOP's "big, beautiful bill," is set to cost billions of dollars for the wealthiest US universities. | @jameslynch32 https://t.co/DTUmwOAD2b
