Sen. Warren's Terrible Idea to Tax Endowments

Sen. Warren's Terrible Idea to Tax Endowments

Massachusetts gubernatorial candidate Jay Gonzalez has touted a plan to levy an endowment tax on the state's richest private colleges. The 1.6 percent tax would apply to schools like Harvard University, MIT, Boston College, Amherst College, and others that have endowments of more than $1 billion.…

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