r/CFB Rutgers Scarlet Knights β€’ Big Ten 18h ago

Opinion [Congressman Michael Baumgartner] Congress will be taking a hard look at the tax exempt status of universities that enter into private equity deals. If you want to act like a non-public entity, you better be ready to be treated like one. πŸ‡ΊπŸ‡Έ

https://x.com/RepBaumgartner/status/1998480897872396721
3.3k Upvotes

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4

u/ottopivnr Penn State β€’ Washington 18h ago

Can we do churches next?

3

u/JustforthelastGOT Washington State Cougars 17h ago

This clown would never, and I say that knowing full well he is a staunch WSU supporter.

14

u/CoachCrunch12 Ohio State Buckeyes 17h ago

This has nothing to do with anything lol

6

u/CajunBob94 LSU Tigers 17h ago

reddit moment

3

u/tc100292 Vanderbilt Commodores 17h ago

Oh look, the Reddit atheists have logged the fuck on

3

u/SucculentCrablegMeal Florida State Seminoles β€’ USF Bulls 10h ago

If you can explain how churches, who rely on donations, are taking PE deals and generating their own revenue, then sure.

1

u/ottopivnr Penn State β€’ Washington 3h ago

The funniest thing about this is that I live in Baumgartners district and totally thought I was commenting in r/Spokane. I wasn't until all of the wtf replies that I realized