No Tax Break for Race
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Treasury and the IRS proposed rules on September 3 that would strip 501(c)(3) status from private schools that still sort students by race in admissions, scholarships, athletics, or other programs — a net that could cover about 18,000 institutions. Jim Rand walks through Scott Bessent's line on rebranded DEI, the Bob Jones and Students for Fair Admissions backbone, and why a 26-year-old should not subsidize a racial gate that income, zip code, and first-generation status can replace. 🗣️…
The skinny
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