Update on Staff Hiring

Congress is proposing increasing the tax on the yield of endowments? Can anyone convince me how this, along with their proposed cuts to the NSF, isn&#x27;t a direct attack on higher education? I have a low opinion of the reasoning ability of the members of Congress and their knowledge of, well, <i>anything</i>, but are they really that ignorant of how America had achieved its financial, industrial, and technological might?

So the plan is to raise endowment tax from 1.4% to 21%.<p>&gt; <i>raise the excise tax levied on certain private university endowment profits from 1.4% to 21%.</i> [1]<p>[1] <a href="https:&#x2F;&#x2F;nehls.house.gov&#x2F;media&#x2F;press-releases&#x2F;rep-troy-e-nehls-introduces-bill-hold-elite-university-endowments-accountable" rel="nofollow">https:&#x2F;&#x2F;nehls.house.gov&#x2F;media&#x2F;press-releases&#x2F;rep-troy-e-nehl...</a>