A tax on college endowments began in Trump’s first administration. It could soon rise
- Posted on May 6, 2025
- By The Toronto Star
- 2 Views
A tax on college endowments began in Trump’s first administration. It could soon rise
WASHINGTON (AP) — A tax on the endowments of America's wealthiest colleges began during President Donald Trump's first administration, collecting 1.4% of their investment earnings. Under Republican proposals on Capitol
