
Episode 1778 • • 49:15 - 55:33
1778: Three Holes One Bag
Estate Tax Exemptions, University Endowment Tax, Asylum Fees
The bill increases estate and gift tax exemptions to $15 million and introduces a new excise tax of up to 8% on the investment income of private universities with large endowments, such as Harvard and Columbia. New immigration policies include a $100 fee for asylum applications and a $1,000 parole fee. The "Trump Accounts" are introduced as a potential baby bonus program, though specific amounts remain unspecified.
