08
May
08

Massachusetts seeks to milk their universities because they can’t control their spending.

Education, it ain't cheap...cost-wise, anyway.Rarely is it so difficult to pick a side…

Massachusetts is looking for some cash because they love to spend other people’s money.  Universities have large, sometimes huge endowments in the billions of dollars while raising tuition exponentially every year.

One steals liberty and money to redistribute it via the most inefficient mechanism ever designed by man, government, and the other oppresses free thought and imposes speech codes to crush dissent.  So it’s nice to see them going after each other for once.

Massachusetts is considering taxing universities huge endowments to close their budget gap.  The Universities aren’t that keen on the idea.  Good times ahead!

The best line in the piece is this one:

“You’d be taxing success here,” said Kevin Casey, Harvard’s associate vice president for government, community, and public affairs.

Isn’t taxing success exactly the Democrat party line?  Oh, the irony!

Hat tip to KH.

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