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IncreasePosts 3 hours ago

Wow. If they think 8% is heavy they should see how much in taxes their janitors are paying

simonw 2 hours ago | parent [-]

Presumably 0% on their 401k returns, which is the more appropriate comparison point to an endowment.

spyckie2 41 minutes ago | parent [-]

Respectfully, comparing a janitor's 401k to a $27.4 billion endowment is (very) tone deaf.

But yes, the tax goes against "keeping sacred systems sacred" principles and is an opinionated policy against rich entities that the current administration dislikes.

simonw 3 minutes ago | parent [-]

Yes, it's tone deaf. And comparing tax on an endowment to "tax a janitor pays" is arguing in bad faith.