Elite Universities Are Investing in China’s Surveillance State. A New Bill Would Tax Those Investments at 100%.

A bill proposed by Rep. Greg Murphy (R-NC) on Wednesday would tax university endowments at a 100% rate for investments into Chinese entities deemed a threat to national security. Elite schools such as Princeton University and the Massachusetts Institute of Technology have invested in SenseTime, Megvii, and other companies linked to the Chinese surveillance state, […]

Source: Elite Universities Are Investing in China’s Surveillance State. A New Bill Would Tax Those Investments at 100%.