Don't Over Tax the Poor and Middle Class, Tax the Bloated University Endowments
The Democrats, in their misguided wisdom, are planning on hiring 85,000 additional income tax auditors, in their misnamed “Inflation Reduction Act”. Who are they going to audit to get revenue to pay for their profligate spending, the “big cats” of industry, or you and me the majority of tax payers? Of course, the Democrats, as usual, as their tax and spend priorities come to the forefront, are going to put the screws on the poor and middle class to help pay for their wasteful programs because the majority of the country fits into those categories. Instead, they should be looking to tax the endowment funds of the elite universities who are bubbling over with mostly tax free endowment funds.- Tuesday, August 9, 2022