Harvard’s endowment reaches into the tens of billions. They can complain about the new tax plan but very few people are feeling their pain.

From Twitchy:

‘World ends, ivy hardest hit’: Harvard got absolutely TOASTED after bitching about the new tax bill Add Harvard University to the list of those angry with the just-signed GOP tax reform bill:

The new tax on university endowments will weaken financial aid, faculty and research initiatives, and other institutional programs that support students, professors, and medical and scientific studies https://t.co/FZtxYba4wM — Harvard University (@Harvard) December 21, 2017

Reading the comments, I’m not seeing much sympathy for Harvard on this one. https://t.co/ov9Z16x7kU — Ben (@BenHowe) December 22, 2017

Gee whiz, I thought redistribution was a good thing. What’s weird is how the tax code under Democrats redistributed away from the middle class and to the wealthy. https://t.co/t6RxVAurQy — Melissa Mackenzie ???? (@MelissaTweets) December 22, 2017

Your endowments are over $37 billion dollars a year. That’s B for billion. https://t.co/UGSnKMLnPE — Ian Miles Cheong (@stillgray) December 22, 2017

So you have $40,000,000,000 and if you earn 5% you’ll increase by $1,966,000,000 and pay $34,000,000 in taxes. And? https://t.co/F799ybExaq — Yoenis Cespedes (@AppFlyer) December 22, 2017



