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‘[T]he sponsors … are hoping to pressure Congress to remove federal funding and the tax-exempt status of some universities.’

Curiouser and curiouser. The title refers to a number of pro-Israel billionaires who recently sponsored a fund-raiser for the North Carolina Republican leading the federal harassment of Ivy League universities for their purported anti-semitism.

These same lads – shockingly – are going after the manifold tax breaks that make it possible for Harvard University both to be designated a non-profit organization AND be worth around eighty billion dollars … or something like that number… I mean, there’s the endowment, whose amount we know; but there’s also real estate, about which we don’t know — so this is UD‘s probably pretty lame estimate of Harvard’s pile of dough…

… What the fuck make it a hundred billion. There are other assets. Make it five hundred billion. Who the fuck knows.

Anyway, a lot of these pro-Israel billionaire guys are working against their own interests, cuz they’re the very moneybags who have over the years given SOOOO much of their loot to Ivies like Penn and Harvard that they’re practically running the places, but they couldn’t have given so much and gotten so powerful without the tax breaks against which they’re now militating! Ya falla?

Margaret Soltan, January 30, 2024 8:33AM
Posted in: harvard: foreign and domestic policy

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