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Auchincloss: We Can't Raise Taxes on Endowments, We're Competing with China

On Friday’s broadcast of Bloomberg’s “Balance of Power,” Rep. Jake Auchincloss (D-MA) stated that increasing taxes on college endowments wouldn’t make any sense since we’re trying to compete with China on research and development. Co-host Kailey Leinz said, [relevant exchange The post Auchincloss: We Can’t Raise Taxes on Endowments, We’re Competing with China appeared first on Breitbart.

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