The new tax on university endowments will weaken financial aid, faculty and research initiatives, and other institutional programs that support students, professors, and medical and scientific studies https://t.co/FZtxYba4wM— Harvard University (@Harvard) 21 December 2017
The proper response:
LMAO, it's a 1.4% tax on the *returns* of your endowment. It doesn't even touch the base amount— BlockChainLeaks (@notwokieleaks) 22 December 2017
Get fucked https://t.co/BY56mcDjnD
1.4%?! It should be at least 50%. I do think at a certain point you've made enough money.