On the other hand if most of your school’s money is in some investment firm, instead of invested in the wellbeing and learning of your employees and students. And you have a investor as the person with the highest salary.
Then your “school” is more of a financial institution than a school. And probably should be taxed as such.
On the other hand if most of your school’s money is in some investment firm, instead of invested in the wellbeing and learning of your employees and students. And you have a investor as the person with the highest salary.
Then your “school” is more of a financial institution than a school. And probably should be taxed as such.
Looking at you, Harvard: https://www.reuters.com/world/us/harvard-posts-investment-gain-fiscal-2023-endowment-stands-507-billion-2023-10-20/