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Trump’s proposed university endowment tax could hurt funding, VC warns
University endowments could be taxed much higher under Trump. That may harm VCs, an investor warns.
Some VCs are looking at the Trump administration’s proposed massive tax increase on university endowments with alarm, warns Ann Miura-Ko, co-founder at Floodgate Partners. Vance proposed a similar bill a year ago as a senator but it was blocked by Democrats. Even now, it’s not clear if this tax increase will be enacted, especially given how many of the new administration’s appointees and donors are VCs.
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