Poet in Left Field

 let's begin with this

the 1.4% excise tax is unconstitutional

although endowment earnings should be taxed

and contributions should not be deductible,

given that the tax is arbitrary and capricious,

there is an easy avoidance that has side benefits,

namely, common decency.

the tax does not apply to schools

with fewer than 500 tuition-paying students.

no tuition, no tax.

duh!

see my tagline: "tuitionfreeprinceton"