ST Alpha - "I would much rather take the equivalent revenue from this source than many other tax sources. " (Reading a Post)

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I would much rather take the equivalent revenue from this source than many other tax sources.

Posted by Name Withheld by Request (aka BlueKopo) Nov 3 '17, 08:08

When these educational institutions were established and the rules governing them came into practice, there was nobody imagining a $20B endowment. Heck, most probably didn't consider a $20M endowment as a possibility.

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they absolutely expected huge endowments. Maybe not tens of billions, but billions are not outlandish. -- nm - mafic Nov 3, 08:17 3
- Go on... I'm open-minded. -- nm - Name Withheld by Request Nov 3, 08:25 2
  - The only university I really know about is the one I went to. It has an annual operating budget of around $500million. - mafic Nov 3, 08:46 1
    - I was thinking far longer back than when you or I were going through our schooling. But Roger's post on B1 actually makes a good example here. -- nm - Name Withheld by Request Nov 3, 08:58
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I would much rather take the equivalent revenue from this source than many other tax sources.

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