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US tax bill: Democrats attack exemption for college linked to Betsy DeVos
Source: The Guardian
US tax bill: Democrats attack exemption for college linked to Betsy DeVos
Education secretary and her brother are alumni of Hillsdale College, which is being exempted from an excise because it refuses federal funding
Lauren Gambino
Saturday 2 December 2017 03.56 GMT
Democrats are attacking a proposed amendment to the Republican tax plan that would carve out an exception to a small Christian college in southern Michigan with ties to education secretary Betsy DeVos.
In a tense exchange with Democrats on the Senate floor, Pennsylvania Republican senator Pat Toomey defended the provision, which would exempt Hillsdale College from an excise tax on universities and colleges with large endowments.
“I do understand that my colleagues on the far left do not have fond opinion of Hillsdale – but I do,” Toomey said. “I actually think it’s a wonderful institution.” He added that the university saves taxpayers a “tremendous amount of money” by refusing federal aid.
“We don’t have a fond opinion of discrimination and of giving a tax provision for just one college that happens to be funded by one of the wealthiest families in America because they happen to be a Republican donor,” senator Jeff Merkley, an Oregon Democrat, shot back.
-snip-
Education secretary and her brother are alumni of Hillsdale College, which is being exempted from an excise because it refuses federal funding
Lauren Gambino
Saturday 2 December 2017 03.56 GMT
Democrats are attacking a proposed amendment to the Republican tax plan that would carve out an exception to a small Christian college in southern Michigan with ties to education secretary Betsy DeVos.
In a tense exchange with Democrats on the Senate floor, Pennsylvania Republican senator Pat Toomey defended the provision, which would exempt Hillsdale College from an excise tax on universities and colleges with large endowments.
“I do understand that my colleagues on the far left do not have fond opinion of Hillsdale – but I do,” Toomey said. “I actually think it’s a wonderful institution.” He added that the university saves taxpayers a “tremendous amount of money” by refusing federal aid.
“We don’t have a fond opinion of discrimination and of giving a tax provision for just one college that happens to be funded by one of the wealthiest families in America because they happen to be a Republican donor,” senator Jeff Merkley, an Oregon Democrat, shot back.
-snip-
Read more: https://www.theguardian.com/us-news/2017/dec/02/us-tax-bill-democrats-attack-exemption-for-college-linked-to-betsy-devos
1 replies
= new reply since forum marked as read
= new reply since forum marked as read
love it!
it saves taxpayers money by refusing federal aid!
hey! i, unblock, also save taxpayers money by refusing federal aid!
therefore i should get an exemption from income taxes!
awesome logic toomey!
especially because once you give them an exception, they're no longer "refusing federal aid"!
