If Angels Educated Men
Campus Unrest Is Really About Power, Not Justice
Contra Centralization of Our Children’s Education
Why the American Whig Party Cannot Be Revived
Making Our Universities a Source of Universal Knowledge
Signals and the Substance of Education
Tradition, Culture, and Citizenship
How Not to Become a Dragon
Don’t Tax University Endowments (Even if It Might Seem Like Rough Justice)
It is hard to suppress schadenfreude as legislators offer proposals to tax the endowments of our elite universities. Their administrators and professors are overwhelmingly Democratic—indeed left-liberal Democrats. They regularly support candidates who want to raise taxes on for-profit corporations and individuals.
Even more piquantly, most of the taxes proposed would target only wealthy universities. Of course, soaking the rich is de rigueur for the left-liberal. And the most serious proposals are coming from blue states, like Connecticut, that are desperately seeking new sources of revenue as business and individuals flee the state’s already onerous taxation and its job killing regulations.
Nevertheless, these are bad ideas.