A GOP Plan to Tax Gifts For Wealthy Schools

摘要

Oracle co-founder Larry Ellison in 2016 committed to giving $200 million to the University of Southern California, where his children graduated, for a cancer-research center. Financial planner Ric Edelman pledged $25 million to his alma mater, Rowan University, to fund a fossil dig center in New Jersey. Kenn Ricci, whose Directional Aviation owns Flexjet, bestowed $5 million on Notre Dame's marching band.