Daniel Katz, Ph.D.

The Republican Tax Bill Is a Disaster for Public Schools

A great deal of ink has been spilled on how the Republican tax bill working through Congress would impact higher education for the worse.  The highest profile item is the plan in the House bill to tax graduate student tuition waivers as income, effectively making the young people who are helping the nation move forward with critical research pay taxes on “incomes” that are tens of thousands of dollars higher than they actually get paid.  However, higher education takes multiple hits in the House bill such as taxing endowment earnings that go towards school advancement, reducing incentives for charitable giving, and eliminating student loan interest deductions that benefited 12 million borrowers in 2014. 

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Eva Moskowitz's Crusade to Turn Children into 'Little Test Taking Machines'

My grandfather had many folk wisdom expressions, but one that sticks with me is “When you are sitting 100 feet in the air, sawing furiously at the branch you are on, be sure to sit on the the TREE side of the cut.”  The meaning here is simple enough: perilous situations demand caution, and it is probably a good idea to check and double check what you are doing lest you end up like these guys.

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