House Republicans are plotting a $1.7
billion tax increase aimed at America’s most elite colleges and
universities, reports Ira Stoll. The tax increase is buried on page
879 of Rep. Dave Camp’s (R-Mich.) 979-page tax reform bill. Camp is
chairman of the powerful, tax-writing Ways and Means Committee,
Stoll notes, and his draft legislation is likely to provide a road
map for tax reformers in years ahead.
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