{"id":2266993,"date":"2024-06-13T14:28:02","date_gmt":"2024-06-13T18:28:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/university-tax-exempt-status-under-threat-after-semester-of-campus-antisemitism\/"},"modified":"2024-06-13T14:32:05","modified_gmt":"2024-06-13T18:32:05","slug":"university-tax-exempt-status-under-threat-after-semester-of-campus-antisemitism","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/university-tax-exempt-status-under-threat-after-semester-of-campus-antisemitism\/","title":{"rendered":"University&#8217;s tax-exempt status at risk following semester marked by campus antisemitism"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Funiversity-tax-exempt-status-under-threat-after-semester-of-campus-antisemitism%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2266993&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>House Republicans are scrutinizing \u200bthe\u2063 <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/leah-remini-says-her-16-year-old-daughter-keeps-her-woke\/\" title=\"Leah Remini Says Her 16-Year-Old Daughter Keeps Her \u2018Woke\u2019\">tax-exempt status<\/a> of universities as a method to address instances of campus antisemitism \u200cand other related issues. During a hearing entitled \u201cCrisis on Campus: Antisemitism, Radical Faculty, and the Failure of University Leadership\u201d held by\u2063 the House Ways and\u200d Means\u2064 Committee,\u200d Chairman Jason \u200dSmith emphasized the need for universities to handle these issues effectively or potentially lose their tax-exempt status. At the hearing, it was discussed how some universities had not adequately responded\u2064 to antisemitic activities and had allowed disruptive \u200bencampments on campuses, adversely affecting \u2064student safety and campus order. Columbia University business school \u200bprofessor\u2064 Shai Davidai highlighted the significance of this \u200dtax-exempt status to universities and suggested that the threat of losing it might prompt universities\u2062 to take stricter actions against such misdoings. Testimonies suggested that \u2063economic incentives and public image considerations could influence universities to enforce better control and respond appropriately to such incidents.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<div>\n<p>House Republicans are eyeing the tax-exempt status of <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/higher-education\/\" target=\"_blank\" rel=\"noopener\" title>universities<\/a> as a way to ensure administrators will stop campus <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/antisemitism\/\" target=\"_blank\" rel=\"noopener\" title>antisemitism<\/a>.<\/p>\n<p>At a <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/house-ways-and-means-committee\/\" target=\"_blank\" rel=\"noopener\" title>House Ways and Means Committee<\/a> hearing on Thursday titled \u201cCrisis on Campus: Antisemitism, Radical Faculty, and the Failure of University Leadership,\u201d Chairman Jason Smith (R-MO) called into question the tax-exempt status of universities that do not properly respond to campus antisemitism and commit possible Title VI civil rights violations.<\/p>\n<p>\u201cHouse Republicans will continue to press universities to fulfill their <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/black-lives-matter-charity-strapped-with-major-legal-and-cash-woes-three-years-after-riots\/\" title=\"Black Lives Matter charity faces legal and financial troubles three years after riots.\">tax-exempt purpose<\/a> by changing course to regain control of campuses,\u201d Smith said in his opening statement.<\/p>\n<p>Challenging the tax-exempt status of universities would go a long way in forcing schools to react properly when illegal activity such as encampments, which have become violent in some cases, pop up on campus, Columbia University business school professor Shai Davidai testified. Earlier this year, starting at Columbia, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/tufts-university-urges-rooting-out-racism-training-for-white-christan-students\/\" title=\"Tufts University Urges \u2018Rooting Out Racism\u2019 Training For White, Christan Students\">university administrators<\/a> across the country allowed pro-Palestinian protesters to remain encamped on campus, allowing students to be harassed and unable to attend class.<\/p>\n<p>\u201cIf only the thought of losing that tax exemption would pass through their minds, you would see no more antisemitism,\u201d Davidai said. \u201cYou won\u2019t see any misdoing, anything on campus, because these universities \u2026 all they care about is money and PR, and if you start playing with that, things will change.\u201d<\/p>\n<p>Davidai explained that Columbia is tax-exempt at the same time it is the \u201clargest private landlord in New York City,\u201d adding that the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/university-facilitated-gruesome-taxpayer-funded-experiments-with-aborted-fetuses\/\" title=\"University Facilitated Gruesome, Taxpayer-Funded Experiments With Aborted Fetuses\">school received<\/a> more than $1 billion in federal funding, making it \u201cone of the largest taxpayer-funded private landlords in the country.\u201d<\/p>\n<p>Jonathan Pidluzny, director of the Higher Education Reform Initiative at America First Policy Institute, testified that financial data submitted to the Department of Education from universities show that total endowments for fiscal 2022 were $887 billion, most of which is held privately. In 2022, endowment investment generated another $143 billion, and the tax rate on endowments is 1.4%.<\/p>\n<p>\u201cAmerican taxpayers are funding these institutions lavishly. Elite universities receive billions in federal grants and contracts every year,\u201d Pidluzny said in written testimony. \u201cTaxpayers subsidize the student loans that pay rapidly rising tuition rates. These schools have also amassed enormous endowments that receive supremely favorable tax treatment.\u201d<\/p>\n<p>Pidluzny also noted that the universities with the largest endowments are typically the ones that have had the most problems with campus antisemitism. Eleven of the 12 wealthiest private universities had encampments or had protesters arrested, the exception being Duke University.<\/p>\n<p><strong><a href=\"https:\/\/www.washingtonexaminer.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER<\/a><\/strong><\/p>\n<p>\u201cI think the premise behind the tax exemption is that these are institutions that are organized and operated exclusively for educational purposes. Universities don\u2019t look today what they looked like 50 years ago,\u201d Pidluzny said. <\/p>\n<p>\u201cThey have $4, $5, $6 billion budgets. They manage wealth equivalent to a large hedge fund. They sell a lavish college experience: Luxury dorms, gourmet food, subsidized by taxpayers. They operate multimillion- or billion-dollar research labs. They hire teams of lobbyists,\u201d he added. \u201cSome have hundreds of millions in foreign revenue. They run DEI programs that understand their purpose as being to reengineer American society. That\u2019s a political purpose. That is not an educative function. Elite universities are simply no longer driven by truth-seeking or education as their guiding ethos.\u201d<\/p>\n<\/p><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>House Republicans, targeting universities&#8217; tax-exempt status, aim to curb campus antisemitism. During a House Ways and Means Committee hearing titled \u201cCrisis on Campus: Antisemitism, Radical Faculty, and the Failure of University Leadership,\u201d Chairman Jason Smith (R-MO) questioned the tax-exempt status of universities failing to address this issue<\/p>\n","protected":false},"author":179,"featured_media":2266994,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/06\/AP24080646730223-1-1.jpg.optimal.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2266993","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/06\/AP24080646730223-1-1.jpg.optimal.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2266993","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/179"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2266993"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2266993\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2266994"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2266993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2266993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2266993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}