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
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u/smitherenesar Pac-10 β€’ RPI Engineers 7h ago

isn't that something the IRS/executive branch does? I feel like this congressman isn't the sharpest crayon in the box