Time for colleges to pay their fair share of taxes.

When is the Congress going to investigate the college administrations and the professors? The colleges are charging entirely too much for an education which is filled with communistic professors and courses and brain washing our young people.

The professors don’t do their job and the colleges are turning into resorts. The endowments going into the colleges should be taxed just like a 401K’s.

Are endowments tax exempt?

Thanks to their special status, universities often finance capital projects with tax-exempt bonds. Not only are gifts from well-heeled alumni deductible to the givers, but investment earnings on the cash hoards are tax-exempt. These endowments are enormous, topping $500 billion according to one estimate.


About kommonsentsjane

Enjoys sports and all kinds of music, especially dance music. Playing the keyboard and piano are favorites. Family and friends are very important.
This entry was posted in Uncategorized and tagged . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s