President-elect Donald Trump plans to assist the nation’s population without a college degree by creating the online “American Academy” which would make higher education available to all U.S. citizens for free.
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The federal government handed over nearly $76 billion to colleges and universities from COVID-19 federal funding packages, despite the colleges and universities having billions of dollars in their endowment funds, according to data compiled by OpenTheBooks.
The Cares Act, The Coronavirus Response and Relief Supplemental Appropriations Act (CRRSSA) and The American Rescue Plan Act contained over $5 trillion in federal COVID-19 relief funds, of which nearly $76 billion was handed over to colleges and universities, according to data compiled by OpenTheBooks, a government transparency watchdog organization. Sixteen of the universities with the largest endowments received nearly $4 billion in federal COVID-19 relief funds.
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If there were trillions of dollars socked away in convenient vehicles to avoid taxes and benefit the ultra-elite should we not tax them? Are they not fair game in a just system of taxation, where the little guy and the middle class have to pay up—or else?
The largest endowments, mainly universities indoctrinating students in social justice, wokeism, and class warfare, pay absolutely no taxes.
The big foundations, promoting radical left-wing activism, likewise pay no taxes.
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