Defund Harvard. By which I mean tax endownment into oblivion. https://twitter.com/mattyglesias/status/1272723729123020800 …
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Again, that's capitalism. And given that, I'd prefer to have rich people donating to Harvard than buying themselves another plane, boat, compound, or work of art, which is the real world alternative. The real will always be inadequate; the level of inadequacy is the only issue.
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Someone like Kenneth Griffin is able to donate a record-setting amount for Harvard financial aid ($150 million), then still pay a record-setting amount ($240 mn) for his umpteenth Manhattan penthouse apartment - not to mention his art purchases. He needs to be taxed much more
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we could just take away the charitable contribution tax deduction, which seems very reasonable (why subsidize them?) as some of us have long advocated. My criterion is that no one gets more than the president's pay ($400,000 a year)
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