With a war on Harvard raging, religious colleges get big tax break in Trump spending bill
As the Trump administration ramps up its war against Harvard University and other institutions seen by critics as woke, it is carving out major exceptions for religious institutions – including from a massive tax increase on college endowments.
But the new tax provisions in Trump’s spending bill – dubbed the “The One, Big, Beautiful Bill” that is now in the Senate’s hands – don’t apply to all religious colleges and universities, raising First Amendment questions and increasing the likelihood of legal challenges, experts say.
The tax hike on endowment returns could cost some elite colleges hundreds of millions of dollars. But the tax threatens to envelop more than the latest targets of the president’s ire. Some Christian schools favored by conservatives could face the increase and are raising concerns about the bill, despite the carveout for religious institutions.
The bill could, for example, touch Hillsdale College in Michigan, a private school with a Christian emphasis that has long refused federal funding to maintain autonomy from national regulations.
https://www.yahoo.com/news/war-harvard-raging-religious-colleges-100406285.html
Yay!!!! More superstition and stupidity.