The next potential weapon in Trump’s battle with Harvard: raising the tax levied on its $53 billion endowment

A bill in Congress would increase the endowment tax for Harvard and other schools to 21%, the equivalent of the corporate tax rate.

May 5, 2025 - 21:53
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The next potential weapon in Trump’s battle with Harvard: raising the tax levied on its $53 billion endowment
A bill in Congress would increase the endowment tax for Harvard and other schools to 21%, the equivalent of the corporate tax rate.