Word: amendmenteers
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The debate over taxation of colleges and universities is longstanding, but last week, Massachusetts did well to prevent the state from gaining ground in taxing schools. The Massachusetts House of Representatives recently stopped an amendment from passing that would have allowed the state to tax universities with endowments larger than...
More importantly, this sort of amendment would have given life to the practice of the state penalizing monetarily successful universities—namely Harvard—for being just that. Only eight schools in Massachusetts have endowments over $1 billion: Harvard, MIT, Williams, Boston College, Amherst, Wellesley, Tufts, and Boston...
Harvard, and its wealthy peer institutions should use some of the money that they have rightfully generated to give back to the communities that host them. There is nothing wrong, and much to be lauded, about donating some of their sizable endowments for philanthropic purposes. Where this amendment falters is...
The Massachusetts House of Representatives considered an amendment to the budget Monday that would impose a 2.5 percent tax on universities with endowments of over $1 billion, a proposal that would impact schools like Harvard and MIT, both of which have endowments of at least $10 billion.
Although the death penalty, both philosophically and practically, runs afoul of our basic sense of decency, it sadly remains legal under the United States Constitution—or at least the Supreme Court’s reading of it. While the Court has not reconsidered the constitutionality of capital punishment...