UPenn urges students to lobby against GOP tax plan

Campus Reform reports:

UPenn President Amy Gutmann emailed all students on November 9, warning that it would impose “regressive changes” to the tax code that could have a “detrimental impact” on the school.

“These regressive changes, among other things, could eliminate the tax deduction for student loans; force graduate students to include tuition waivers as taxable income; [and] tax part of universities’ endowment income,” Gutmann warned.

Gutmann did not mention several aspects of the tax plan, including lower tax rates for certain income brackets and a nearly doubled standard deduction.

The self-interest of those who promote socialism.