Harvard pushing Congress to cut endowment tax

Image:  Many wealthy private universities across the nation have voiced strong opposition to a tax on their endowments. Leadership at Harvard University are pushing Congress to reduce the tax on their income from private donors. Leaders of similar universities with large endowments are in support of a reduction or elimination of the tax in its entirety. In an email obtained by Inside Higher Ed, Suzanne Day, Harvard’s senior executive director of federal relations, urged others to...