As Trump Battles Elite Colleges, House GOP Looks to Hike Endowment Tax by at Least Tenfold

WASHINGTON (AP) — As Congress looks to slash spending and raise revenue for President Donald Trump’s tax bill, Republicans have turned attention to the huge endowments amassed by the country’s wealthiest colleges. Varying proposals have called for raising the rate to 14% or 21%, treating traditionally tax-free universities like major corporations. Trump previously said he…MORE

Text to Win Rob Thomas Tickets!

Rob Thomas is coming to The Pavilion at Toyota Music Factory on August 29th with special guest A Great Big World. Get tickets at Livenation.com. Text “ROB” to 1-888-787-5543 for your chance to win tickets!MORE