Thank you, Matt Taibbi, for the history of educational institutions being universally granted tax-exempt status as recently as 1986. That seems to me to deserve a fresh look by Congress, especially for private universities. As far as state or municipal taxes go, that can be determined between those entities and the institution.
Thank you, Matt Taibbi, for the history of educational institutions being universally granted tax-exempt status as recently as 1986. That seems to me to deserve a fresh look by Congress, especially for private universities. As far as state or municipal taxes go, that can be determined between those entities and the institution.
Some people are expressing concern that research will suffer if federal funding is reduced at an institution like Harvard. I happen to have a doctorate and have a nominal understanding of research in my field, and my perspective is that much of research provides very little value. Wasted money. The big breakthroughs are few and far between. In my opinion, there should be a higher bar for which research gets funded. This would mean fewer jobs in the "research industrial complex", but that is probably necessary, much like the government workforce needed to be downsized.
Can we, the tax payers, have an accounting of all this magnificent research preformed by these schools due to all our generous donations? I’d like to see that documentary ..
I always thought gov provided grants to higher ed institutions for R&D was not only a waste of taxpayer money, but an intrusion into the genius of the free market of ideas and inventions. Instead of allowing graduates to start business to open R&D into the area of their choice and hire other graduates and make money that way, we defaulted to tax payer funding.
Even state-operated Universities suck billions of tax payer $s every year to build government information surveillance platforms and Intel goes to Michigan U and uses its CCP supplied students and staff for the development of election equipment and its spyware like facial recognition. It used to pay private firms, like the one my brother worked at for decades, to design and provide a prototype of whatever the deep state wanted.
The move to university R&D grants started with Sputnik and under JFK and his new NIH and moon endeavor and declined under Reagan, grew under Clinton, Bush and Obama. I think Americans were sold a rotten piece of fish.
“In 2005, the National Academies report, “Rising Above the Gathering Storm,” chronicled the decline in American preeminence in science and technology. The report warned that in a global economy increasingly driven by ideas and innovation, the U.S. must invest strongly in science and education to remain competitive.” I’m calling BS.
Thank you, Matt Taibbi, for the history of educational institutions being universally granted tax-exempt status as recently as 1986. That seems to me to deserve a fresh look by Congress, especially for private universities. As far as state or municipal taxes go, that can be determined between those entities and the institution.
Some people are expressing concern that research will suffer if federal funding is reduced at an institution like Harvard. I happen to have a doctorate and have a nominal understanding of research in my field, and my perspective is that much of research provides very little value. Wasted money. The big breakthroughs are few and far between. In my opinion, there should be a higher bar for which research gets funded. This would mean fewer jobs in the "research industrial complex", but that is probably necessary, much like the government workforce needed to be downsized.
Can we, the tax payers, have an accounting of all this magnificent research preformed by these schools due to all our generous donations? I’d like to see that documentary ..
Easily searchable on each institution's website.
Right??? They can't all be saving children with cancer....
I always thought gov provided grants to higher ed institutions for R&D was not only a waste of taxpayer money, but an intrusion into the genius of the free market of ideas and inventions. Instead of allowing graduates to start business to open R&D into the area of their choice and hire other graduates and make money that way, we defaulted to tax payer funding.
Even state-operated Universities suck billions of tax payer $s every year to build government information surveillance platforms and Intel goes to Michigan U and uses its CCP supplied students and staff for the development of election equipment and its spyware like facial recognition. It used to pay private firms, like the one my brother worked at for decades, to design and provide a prototype of whatever the deep state wanted.
The move to university R&D grants started with Sputnik and under JFK and his new NIH and moon endeavor and declined under Reagan, grew under Clinton, Bush and Obama. I think Americans were sold a rotten piece of fish.
“In 2005, the National Academies report, “Rising Above the Gathering Storm,” chronicled the decline in American preeminence in science and technology. The report warned that in a global economy increasingly driven by ideas and innovation, the U.S. must invest strongly in science and education to remain competitive.” I’m calling BS.