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Uh-oh.

[Central Florida University,] which has more than 50,000 students, was [asked by the IRS] if dues paid for its president, John Hitt, to belong to the Interlachen Country Club in nearby Winter Park and the Citrus Club in downtown Orlando, as well as $4,000 a month for travel for his spouse, was reported as taxable income. Chad Binette, a university spokesman, declined to comment.

But the tax-free thing only gets really disgusting when it gets to Harvard — a THIRTY-TWO BILLION DOLLAR endowment, and still claiming exemptions up the wazoo.

Margaret Soltan, November 18, 2011 9:19PM
Posted in: the university

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