GOP Election Sweep Threatens Niche College Tax Break

GOP Election Sweep Threatens Niche College Tax Break

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Wayground Content

FREE Resource

The video discusses the potential threat to tax-free university bonds due to the Republican sweep in the US election. Chuck Samuels, a council to state bond issuing authorities, explains the widespread use of these bonds by universities and the potential impact of removing this tax break. The National Association of Health and Educational Facilities Finance authorities opposes the removal, citing the burden on higher education costs. The legislative process and past attempts to change tax laws are explored, along with the potential consequences for smaller institutions and municipalities if tax exemptions are rescinded.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the potential impact of the federal government clamping down on tax-free bonds for universities?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How do tax-free bonds help colleges and universities upgrade their campuses?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns does Chuck Samuels express regarding the potential removal of tax breaks for higher education?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What legislative actions in the past have raised concerns about tax and bond restrictions for higher education?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the possible consequences for smaller institutions if tax-exempt bonds are rescinded?

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