Ira Stoll on Republicans Raising Taxes on Harvard and Yale

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House Republicans are plotting a $1.7 billion tax increase aimed at America's most elite colleges and universities, reports Ira Stoll. The tax increase is buried on page 879 of Rep. Dave Camp's (R-Mich.) 979-page tax reform bill. Camp is chairman of the powerful, tax-writing Ways and Means Committee, Stoll notes, and his draft legislation is likely to provide a road map for tax reformers in years ahead.

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