If you want more of something, subsidize it. So why would we want to subsidize Harvard?

Don’t want ‘em, don’t need ‘em

Harvard is lobbying for a special tax break, Josh Hawley proposes something entirely different

Harvard University is encouraging Congress to lower the endowment tax on the university to reduce the amount paid on their income from private donors, according to Inside Higher Ed, a move met with backlash from congressional Republicans.

A 2017 tax put in place by Republicans establishes a 1.4% tax on college’s net investment income if their endowment is more than $500,000 per student, according to Inside Higher Ed. Harvard’s Senior Executive Director of Federal Relations Suzanne Day is pushing for Democratic Congressmen to eliminate the tax on Harvard and other universities.

Senator Hawley isn’t persuaded; quite the contrary, in fact: