Senate parliamentarian rejects religious college tax carve-out, gun silencer deregulation in GOP megabill

The Senate parliamentarian has rejected a Republican attempt to exempt a small number of religious schools, including Hillsdale College — where many graduates go on to careers in conservative politics —— from an income tax on college endowments. The GOP bill would substantially raise the tax on the returns of wealthy college endowments but it...

0

No comments

Read more