Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
College and University Discussion
Reply to "Princeton spared from endowment tax"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]It is obscene that Princeton has a 36 BILLION dollar endowment and will pay $0 in federal tax on it. Before this year they had to pay around $5 million to $10 million annually from investment gains. They now will pay nothing as they will be exempt from this tax. There are currently fewer than 60 countries on Earth that hold more cash and liquid assets in their central banks than Princeton University holds in its endowment. Morocco: Keeps $37 billion cash/reserves to support and protect 37 million people. (That is $1,000 per person). Princeton: Keeps $36 billion to support and protect 8,500 students. (That is $4,200,000 per person).[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
