Sorry, Florida. Yale Thinks The Ivy Is Just Fine Where It Is
Despite the governor's promise to keep taxes low, the Ivy League school declined the offer to relocate.By Katie Link | March 30, 2016
Given the chance, most of us would jump at the offer to relocate to Florida. Yale University isn't most of us.
On Tuesday, Gov. Rick Scott formally invited "one of the nation's most renowned universities" to pick up and move to the Sunshine State.
The offer comes as Yale faces a proposed 7 percent tax on investment profits made by the university's endowment — a number that comes out to be $78 million. Scott says he'd keep taxes at bay.