http://www.espn.com/college-sports/s...g-new-tax-plan
I don't think it will prevent many people from donating but in a down season in athletics it could hurt.
This ain't a liberal or conservative thing either before you yahoos go there.
http://www.espn.com/college-sports/s...g-new-tax-plan
I don't think it will prevent many people from donating but in a down season in athletics it could hurt.
This ain't a liberal or conservative thing either before you yahoos go there.
The place where the house bill will harm the University the most is what it will do to Graduate/Doctoral students. It makes it so that the tuition waivers that the students receive in exchange for doing graduate research and teaching classes counts as taxable income. This means that while they might be getting paid (ballpark numbers) $20k/yr plus free tuition, they will now be getting taxed like they're earning $40k/yr while still only receiving $20k in income. This will crush the graduate programs of higher tuition private schools and will ruin the chance of going to grad school without taking on six figures in debt for lower income students.
https://www.nytimes.com/2017/11/16/o...-students.html
https://www.cnbc.com/2017/11/16/hous...0-percent.html
https://www.npr.org/2017/11/14/56387...ssive-tax-hike
Seriously guys, it's a University killer.
I have never claimed my contribution to the bulldog club. I just figure it's part of the ticket price.
Yeah, there is no way I could have afforded to pay taxes on my GA. Tuition, Room, Meal Plan and a small stipend for 2 years was more than my first salary when I finished grad school (warning to parents - History degrees don't pay off instantly).
I don't think Tax Reform will get done anyway. It will blow up in the Senate just like Healthcare.
why should i pay for some people to have nice seats at a sporting event? Also why should i pay for parks, libraries, and sanctuary services for east and west coast states? The school will figure out a way to find the money as will the liberal states.....if they really need to find something to spend it on.
I'm a hard core right winger, but these RINOs are proving to everyone that they live in a bubble and have zero clue of the big picture. They are further killing the middle class and adding to the deficit.
You're still sending the same amount to the university. You just can't claim it on your taxes anymore. So, you're actually paying more taxes for parks, libraries, and sanctuary services in Mississippi (red states get the highest return on tax dollars sent to D.C., yet hate D.C. and taxes. Figur d you need to know that since you incorrectly claim that liberal states are getting the tax dollars. Its the exact opposite).
No one tell him that those dagum liberals in other states subsidize a ton of Mississippi's programs. Seriously, Mississippi relies on the federal government more than nearly almost every other state. For every dollar that Mississippi sends to the federal government, the fed sends back 3. Without those park-needing and library-needing east and west coast states, Mississippi would still be in the stone age.
https://snag.gy/QgGOzt.jpg
Source: https://www.theatlantic.com/business...takers/361668/
Look at the states below the 1 dollar mark and those over it. Can we say DEFICIT
I was actually really shocked to see that too. That's unbelievable. There's something really up with South Carolina. That's a problem.
Also Florida is a big problem too. I know I'm calling out Mississippi for getting a 3:1 ratio in dollars from the fed, but the MS economy is small. Florida's is massive. So in absolute dollars, we're talking truckloads of cash used to subsidize Florida. If I had to guess, maybe it's because of all of the old people and Medicare?