Why universities and graduate students oppose tax reform bill

The tax reform legislation pending in Congress provides for cuts in corporate tax rates and elimination of the alternative miniumum tax for individuals, among other tax cuts. To make up for some of that revenue reduction, the House’s tax-reform bill calls for categorizing tuition waivers as taxable income. Universities frequently defer the cost of tuition for graduate students in lieu of paying higher salaries for teaching and research assistants.

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