Trump’s proposed university endowment tax could hurt funding, VC warns

Quick Summary:

University endowments could be taxed much higher under Trump.

Even now, it’s not clear if this tax increase will be enacted, especially given how many of the new administration’s appointees and donors are VCs.

Vance proposed a similar bill a year ago as a senator but it was blocked by Democrats.

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Article Details

Author / Journalist: Charles Rollet

Category: Technology

Markets: United States

Topics: TC Venture capital Venture Funding Startups

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-11 @ 23:34:14 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 140 words

Reading Time: 1 minutes read

Sentences: 3 lines

Sentence Length: 47 words per sentence (average)

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Copyright Owner: © TechCrunch

News ID: 24364094

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