@BiffBrown make no mistake about it. This tax is gratuitous and will hurt universities and students as endowment income makes up a large percentage of a university’s annual budget. I hope they don’t try to make some of this up with tuition increases. Emory diversified out of most of its Coca Cola stock through the years, which is too bad because the increased dividends would have helped Emory. This tax won’t be so easy to reverse. Right now, the Republicans control the House, Senate, and White House. All would have to flip.