I don't care for the name, but I do like the concepts behind Senator Cotton's new tax proposal on certain university endowments.
Wouldn't it be simpler and more fair to just eliminate nonprofit status for all endowment funds?
Notes for trust officers, private bankers and others concerned with estate and trust planning, from a Merrill Anderson Senior Editor and his retired mentor.
I don't care for the name, but I do like the concepts behind Senator Cotton's new tax proposal on certain university endowments.
Wouldn't it be simpler and more fair to just eliminate nonprofit status for all endowment funds?
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