The Fundamental Differences Between bitcoin and Traditional Money bitcoin fundamentally diverges from traditional fiat currencies in its intrinsic formation and operational mechanics. Unlike fiat money, which is issued and regulated by central banks and governments, […]
libertyblitzkrieg.com / | Posted Thursday Mar 30, 2017 at 2:44 pm
is back in the spotlight today with another deep-dive report, this time looking into U.S. taxpayer subsidies, tax breaks and federal payments into Ivy League colleges.
Below are a few key findings from the report, titled: .
1. Ivy League payments and entitlements cost taxpayers $41.59 billion over a six-year period (FY2010-FY2015). This is equivalent to $120,000 in government monies, subsidies, & special tax treatment per undergraduate student, or $6.93 billion per year. 2. The Ivy League was the recipient of $25.73 billion worth of federal payments during this period: contracts ($1.37 billion), grants ($23.9 billion) and direct payments – student assistance ($460 million). 3. In monetary terms, the ‘government contracting’ business of the Ivy League ($25.27 billion – federal contracts and grants) exceeded their educational mission ($22 billion in student tuition) FY2010-FY2015.