What The Lever Published This Week:
• Ending The Ivy League Tax Dodge — As efforts mount to finally tax private universities’ massive endowment funds, wealthy institutions are fighting back.
• Elon Musk Flees To Billionaires’ New Court — Burned by legal decisions, Elon Musk is relocating his rocket company to Texas — where he’ll enjoy a new, separate justice system controlled by his ally, Gov. Greg Abbott.
• The Koch Network Is Killing Rail Safety — The billionaire-backed Koch network is leading efforts to stonewall the bipartisan Railway Safety Act.
• Sirota’s Signals: It’s The Cost Of Money, Stupid — Plus, the lost Richard Lewis interview, a huge sale in D.C., a long-forgotten anniversary, and the unfortunate return of Arthur Laffer.
• The Fed Is Behind The Credit Card Merger — If Capital One is allowed to acquire Discover, it’ll gain access to a government loophole allowing it to raise prices and reduce competition.
• YOU LOVE TO SEE IT: States Depoliticize Utility Bills — Plus, Oregon aims to limit corporate takeover of medical clinics, federal regulators investigate private use of corporate aircrafts, and more student debt relief is on the way.
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