Senate GOP Drops Endowment Tax Plans, Excludes Hillsdale College
TL;DR
Senate Republicans are revising their domestic policy bill, including easing the endowment tax for small colleges, providing exemptions for Alaska and Hawaii from SNAP costs, removing pension overhaul provisions, and making compromises on Medicaid and tax issues, while also proposing significant cuts to renewable energy tax credits amid political negotiations.
Topics:nationpolitics#endowment-tax#energy-credits#medicaid#politics#senate-republicans#tax-legislation
- Senate Republicans dial back endowment tax plans again Politico
- GOP Poised to Drop Key Provision From Megabill’s Tax Hike on Universities WSJ
- Tax carveout for Hillsdale College ruled out of Trump's bill The Detroit News
- Endowment Tax Carveouts Ruled Out of Bounds by Senate Referee news.bloombergtax.com
- The GOP megabill takes aim at universities. But Hillsdale College gets a carveout. Politico
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