So the plan is to raise endowment tax from 1.4% to 21%. > *raise the excise tax ...

		infinet 11 months ago \| parent \| context \| favorite \| on: Update on Staff Hiring So the plan is to raise endowment tax from 1.4% to 21%. > raise the excise tax levied on certain private university endowment profits from 1.4% to 21%. [1] [1] https://nehls.house.gov/media/press-releases/rep-troy-e-nehl...

Holy hell. Nobody is ready for that tax bill.