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Home Front: Politix
Congressional leaders are now targeting the tax-exempt status of four prestigious universities - Harvard, Cornell, MIT and UPENN - for their failure to handle anti-Semitism on campus
2024-01-12
[Daily Mail, where America gets its news] Not just consequences, but Serious Consequences.
  • House Republicans launched investigation into the universities' alleged 'failure to adequately protect Jewish students from discrimination and harassment'

  • Representative Jason Smith (R-MS), chairman of the House Ways and Means Committee, sent a letter to the presidents of Harvard, UPenn, Cornell and MIT about their tax-exempt status on Wednesday

  • House Ways and Means Committee began the inquiry after the presidents failed to condemn the genocide of Jews during a congress hearing on anti-Semitism

'As you know, your institutions are aided by the beneficial treatment provided to nonprofit, tax-exempt entities,' Republican Smith wrote to Interim Harvard President Alan Garber, MIT President Sally Kornbluth, Cornell President Martha E. Pollack, and UPenn Interim President Larry Jameson.

'Your universities also receive funding from federal grants and appropriations, support for student loan assistance, lucrative financial benefits from your tax-exempt status, and the advantageous tax treatment of your institutions’ endowments.

'You may also be aware that there are certain standards your institutions must meet to receive this highly advantageous and preferential treatment.'
Related:
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Jason Smith: 2023-09-25 ‘Missing witness' in Biden corruption probe offers dirt on Hunter FBI ‘mole' who tipped him off
Jason Smith: 2023-08-22 FBI and IRS officials subpoenaed to testify on political interference in Hunter Biden tax crimes investigation: Republicans ramp up probe after accusing Biden DOJ of 'stonewalling'
Posted by:Skidmark

#2  Endowment Funds with a university attached. Shouldn't they pay their 'fair share' so many Lefties cry about.
Posted by: Procopius2k   2024-01-12 07:52  

#1  
Chew on these 2 examples and ask will it happen?

Harvard
63 Biden admin
60+ US Congress (House and Senate)

Cornell
55 US Congress (House and Senate)
Posted by: NN2N1   2024-01-12 06:29  

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