Senate GOP shields prominent conservative college from endowment tax

[sandensea]

Source: Politico

Senate Republicans plan to exempt Hillsdale College, a prominent conservative institution led by a Heritage Foundation board member, from a controversial new tax on university endowments.

An amendment offered by Sen. Pat Toomey (R-Pa.) — and incorporated into a package of changes Republicans unveiled Friday evening to their tax plan, H.R. 1 (115) — would exempt all colleges that don’t accept federal student aid from the endowment tax.

The school’s president, Larry Arnn, is influential in conservative intellectual circles and was floated last year as a potential pick to be President Donald Trump’s Education secretary. Arnn has served as a Heritage Foundation trustee since 2002. The school also has close ties to the family of Education Secretary Betsy DeVos.

Democrats blasted the move as a giveaway to a school with ties to powerful conservative donors.

“This is a very limited provision written for a very special person,” Sen. Claire McCaskill (D-Mo.) said on the Senate floor, noting the school’s connections to the DeVoses. Betsy DeVos' brother, Erik Prince, is a Hillsdale graduate, according to the college website.

Read more: https://www.politico.com/story/2017/12/01/senate-tax-bill-hillsdale-college-endowment-275980

[disalitervisum]

1. Yeah, I'm watching the Senate on CSPAN

and this amendment just came up. More social engineering. Does anyone have to ask why? The private Christian conservative college of the DeVos family.

[sweetloukillbot]

2. Looks like it just got voted down as well

The ayes to remove 52-48.

[disalitervisum]

3. No, the amendment was adopted.

[sweetloukillbot]

4. The amendment was to strike that provision

It was introduced by Wyden.

[Matthew28]

5. So it was striked?

[sweetloukillbot]

6. AsI understood, yes.

Collins, Murkowski, Kennedy and Fisher voted w/ the Dems.

[disalitervisum]

7. lol I probably got it backwards, however the result is that Hillsdale

is exempted from the endowment tax.

[sweetloukillbot]

8. NO, that's not the result

Hillsdale is NOT exempted. The initial amendment carved out the exemption, the Wyden amendment removed it.

Small victory...

[disalitervisum]

9. ah,ok

Just proves I shouldn't be emotionally engaged when I watch these travesties. I really thought the exemption was approved.

[sweetloukillbot]

10. The tax in itself is pretty ugly, as Wyden said.

But Toomey and DeVos's pet college shouldn't get exempted from it.

[disalitervisum]

11. Agree 100%

I think I just automatically convinced myself that another private ripoff from the rest of us was going through.

[turbinetree]

12. Hillsdale College, the right wing propagan school that says the world is flat.......................

Senate strikes amendment giving tax exemption for Betsy DeVos's old college

The Senate voted to strike an amendment from the Republican tax bill that would have benefited a small Christian college in southern Michigan with ties to education secretary Betsy DeVos.

In a surprise 52-48 vote, four Republicans supported an amendment offered by Democrat Jeff Merkley to remove the exception from the legislation. The decision came after Democrats raised the issue in a contentious exchange on the Senate floor.

Pennsylvania Republican senator Pat Toomey defended the provision, which would exempt Hillsdale College from an excise tax on universities and colleges with large endowments.

https://www.theguardian.com/us-news/2017/dec/02/us-tax-bill-democrats-attack-exemption-for-college-linked-to-betsy-devos


Here is Devos college program...................

https://www.hillsdale.edu/


And just look at who supports the Constitution at Hillsdale, click on the link, your have smuggler of drugs, and conspiracy theorists

http://info.hillsdale.edu/constitution_101_enroll

Then has a side note, especially Murkowski and Collins, they really know how to talk out of both sides of there right wing fascist supporting mouths, just last month they got a big THANK YOU from the people across the country for saving Health care and last night, they just bent everyone over and said here take this, we like going back and let everyone eat cake on health care



They really know how to FOOL everyone with their golly gee home style bullshit

https://secure.actblue.com/

[safeinOhio]

13. A stronghold of conservative values.

Even advertises Rush's radio show. But, of course that includes its president of boinking his daughter in law for years.

http://www.nationalreview.com/article/220720/horror-hillsdale-john-j-miller