Interested in your thoughts on the tax change for ticket donations

[Reason2succeed]

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.

[BulldogDX55]

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.

[Leeshouldveflanked]

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.

We could probably use a few less private institutions....

[BrunswickDawg]

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.

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.

[TheDawgBiscuit]

If they double the standard deduction, lower the tax rates, this will likely be a wash for a grad assistant/student. Has anyone truly done the math? The net difference is big for all.

[Political Hack]

If they double the standard deduction, lower the tax rates, this will likely be a wash for a grad assistant/student. Has anyone truly done the math? The net difference is big for all.

Yeah. A lot of people. It would be a 300-400% tax increase for grad students. Luckily Senate Republicans have recognized that and are trying to offset that in their bill. Hopefully the House will be ok with that, should it make it to conference.

[drunkernhelldawg]

If they double the standard deduction, lower the tax rates, this will likely be a wash for a grad assistant/student. Has anyone truly done the math? The net difference is big for all.

Don't you mean, "Has anyone who worked on this bill done the math?"

[bostondawg]

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.

Not to hijack this thread, but I'm terrified by this. I'm a grad student at a school where tuition is 45k a year.

[Political Hack]

Not to hijack this thread, but I'm terrified by this. I'm a grad student at a school where tuition is 45k a year.

You'd better hurry up. We don't like education in these United States of America.

[bostondawg]

You'd better hurry up. We don't like education in these United States of America.

Haha I'm trying. Two more years *fingers crossed* for the PhD. Maybe they'll delay putting the tax bill into effect and I'll not have to go bankrupt.

[MadDawg]

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.

So tuition waivers will be treated just like the more common type of "tuition waiver" - the scholarship?

[BrunswickDawg]

So tuition waivers will be treated just like the more common type of "tuition waiver" - the scholarship?

No.

Scholarships are actually funded - usually through an endowment of some kind. The dividend off that endowment actually pays the university for the recipient of the scholarship. GA's are providing a service to the university in lieu of a salary. Typically, those GA positions are not endowed although in some cases they are.

To me, the scarier thing is that if this passes, the next step is to start classifying scholarships as income that will be subject to taxes.

[MadDawg]

No.

Scholarships are actually funded - usually through an endowment of some kind. The dividend off that endowment actually pays the university for the recipient of the scholarship. GA's are providing a service to the university in lieu of a salary. Typically, those GA positions are not endowed although in some cases they are.

To me, the scarier thing is that if this passes, the next step is to start classifying scholarships as income that will be subject to taxes.

Scholarships already are treated as income if they are more than tuition, books and fees.

[Tbonewannabe]

Scholarships already are treated as income if they are more than tuition, books and fees.

I wouldn't mind the government treating teacher salaries for government funded schools as tax free. It might create an advantage to get better teachers in the profession. Too many well qualified teachers don't do it because the pay is so low. My sister in law knows a great teacher that just loves kids, she probably doesn't even make minimum wage after the money she spends on kids who don't have anything. We have politicians spending money like it doesn't matter while teachers are taking their pay and buying toilet paper and pencils for their kids. There is a huge problem with how the United States politicians treat our country as a whole. I don't care what side of the isle you are on, it is all screwed up. Politicians have great healthcare and pay for life. That wasn't what the founding fathers dreamed when they created the Constitution.

[BrunswickDawg]

Scholarships already are treated as income if they are more than tuition, books and fees.

And that is rare. Most scholarships cover some costs, no where near all.

[Jack Lambert]

I have never claimed my contribution to the bulldog club. I just figure it's part of the ticket price.

[BulldogDX55]

We could probably use a few less private institutions....

Yeah! Let?s destroy some top end research institutions because reasons! Great idea!

[Apoplectic]

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.

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.

[Reason2succeed]

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.

Uhh, first of all this really isn’t a left right issue but you just had to go there. Learn to read. Byrne from Alabama and Alexander from LSU are two of the ADs complaining about this. Dang liberals from the east and west coast (of Mississippi).***

[Leeshouldveflanked]

Uhh, first of all this really isn?t a left right issue but you just had to go there. Learn to read. Byrne from Alabama and Alexander from LSU are two of the ADs complaining about this. Dang liberals from the east and west coast (of Mississippi).***

Maybe BAMA and LSU should make some cuts in their Athletic Budget...