Harvard’s New Endowment Tax: The Poetic Justice We’ve All Been Waiting For!

In a twist that’s delightfully rich in irony, Harvard and other elite universities are about to face a new graduated endowment tax—yes, the very institutions that have campaigned for equitable taxation are now being asked to cough up their fair share. The so-called One Big Beautiful Bill Act slaps these prestigious schools with a tax of up to 8% on their investment income. It seems like the academic high priests of cultural Marxism finally have to live by the rules they’ve long championed for everyone else. Who knew the taxman could serve up poetic justice?

But the fun doesn’t stop at the tax. Education Secretary Linda McMahon is being urged to help students reclaim their tuition for educational experiences that might have felt like an overpriced trip to Disneyland—minus the fun. And let’s not forget Health and Human Services Secretary Robert F. Kennedy Jr. is getting an earful about the need for consequences for educators pushing controversial treatments for gender dysphoria. It’s almost as if these professors, once immune to scrutiny, will now have to answer for their unconventional “cures.”

As we watch these institutions squirm, let’s ponder a not-so-simple question: If universities demand more from students, shouldn’t they deliver better results? The academic elite have preached about justice and equity, and now they’re getting a firsthand lesson in accountability. Maybe this is the wake-up call higher education has been waiting for, or perhaps it’s just another chapter in the ongoing saga of social and financial upheaval—who knows, but at least we’ll be grabbing popcorn for the show!

What do you think? How should universities balance their newfound financial responsibilities with their commitment to education? I have a feeling this conversation is just getting started.

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