Commentary: Under the House Tax Plan, Grad Students Would Help Pay for Trump’s Kids to Inherit His Estate
Every year, millions of college students face sky-high tuition and burdensome student debt. Now they can also look forward to funding handouts for millionaires, billionaires, and corporations.
The tax reform legislation passed last week by the U.S. House of Representatives eliminates nearly $65 billion in credits, deductions, and exclusions that help students and their families afford tuition and student loan payments, go back for retraining, and pursue doctoral degrees. These cuts would pay for seven years of reduced taxes on the estates of multi-millionaires.
The above excerpt was originally published in Fortune. Click here to view the full article.
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Vice President, Postsecondary Education