<p>I’m all for taking away the tax exempt status of organizations like the Catholic Church, since they involve themselves in politics and lobbying. Any lobbying organization should have it’s tax-exempt status removed, imho.</p>
<p>As for the whole school thing, I agree it is preposterous that institutions with endowments the size of the GDP of small countries should be tax-exempt, but I can’t figure out how you work that out, since there are other, smaller, no less valuable private colleges and universities which do not have these huge endowments, but who, nonetheless contribute to educating our kids. (the state systems can’t actually do this for everyone who wants a degree, at this point.</p>
<p>So, how do you work that out? The less well endowed schools?</p>
<p>I can’t figure that one out.</p>