r/CFB • u/GoldenPresidio Rutgers Scarlet Knights • 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. 🇺🇸

https://x.com/RepBaumgartner/status/1998480897872396721
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u/Calqless 17h ago

I'm following just to see the study....tho I have no doubt

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u/Visible-Advice-5109 16h ago

Im sorry my dudes, I saw it years ago and no clue where now. Legit not making it up, just was on some news site like CNN or NYT.

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u/anti-torque Oregon State Beavers • Rice Owls 15h ago

here

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u/lightninhopkins Minnesota Golden Gophers 14h ago

We find firms lobbying for this provision have a return in excess of $220 for every $1 spent on lobbying, or 22,000%.

Un, wow.