The annual stipend for a PhD student in Carnegie Mellon’s school of computer science is about $32,400. The university covers the student’s $43,000 tuition, in exchange for the research she conducts and the courses she teaches. Under current law, the government taxes only a student’s stipend; the waived tuition is not taken into account. But under the GOP bill, her annual taxable income would rise from $32,400 to $76,234. Even factoring in new deductions also included in the proposal, the CMU document estimates her taxes would amount to $10,209 per year—nearly four times the amount under current law. That would slash her net annual stipend by 25 percent, from $29,566 to $22,191.
Grad Students Are Freaking Out About the GOP Tax Plan. They Should Be | WIRED (via infoneer-pulse)
Feels like the goal of team Trump is a systematic disassembling of knowledge-building and knowledge-sharing systems.
On a related note: Trump won’t meet with our latest Nobel winners,
(via realcleverscience)
Unreal
