The New Republic: on Tax Reform


JD Vance: Tax "social justice" nonprofits, pay down their endowments

A principal target for GOP opponents of woke capital, Vance suggests, should be capital held by nonprofits like Harvard and the Ford Foundation "that are destroying our country." In a speech earlier this month before the conservative Claremont Institute, Vance said, "All across the country we have nonprofits, big foundations, that are effectively social justice hedge funds." They should be forced to pay tax and to pay down more of their endowments, he said.
Source: The New Republic on 2022 Ohio Senate race May 27, 2021

  • The above quotations are from Columns and news articles in The New Republic magazine.
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Page last updated: Aug 06, 2024