Final Tax Bill Would Spare Some Higher-Ed Worries, but Could Lead to State Budget Cuts - Eric Kelderman and Adam Harris, Chronicle of Higher Ed

But even without some controversial measures, the overall package is still expected to have a significant effect on higher-education budgets. Within the bill are provisions that could curtail both state appropriations and college fund raising. For example, the bill would double the standard deduction for tax filers, cutting the number of people who would itemize their charitable contributions. Many critics fear such changes would act as disincentives for donations to colleges. In addition, laws in many states require their tax rates to change with federal rates, a pattern that could lead to steep state-budget shortfalls as tax revenues decline. https://www.chronicle.com/article/Final-Tax-Bill-Would-Spare/242075