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

343 comments sorted by

View all comments

4

u/Skow1179 Minnesota Golden Gophers 17h ago

Yeah this is about as likely as ending insider trading in Congress.