04/14/2017

A Letter From An Ivy League Admissions Dean

James Freeman, The Wall Street Journal

Brown University in Providence, R.I. houses one of the country’s most selective undergraduate colleges. The Brown Daily Herald, a student-run newspaper, cites Dean of Admission Logan Powell in reporting that the school received a record-high 32,724 applications this year, and admitted just 8.3% of applicants.

Among those lucky few is the daughter of a Journal reader who is still trying to make sense of a letter the family received this week from Mr. Powell. Our reader’s bright daughter had already received news of her acceptance when a letter arrived that was addressed to her “Parent/Guardian.”

Oddly, the note referred to the accepted student not as “she” but as “they.” Dean Powell’s letter also stated that our reader’s daughter had no doubt worked hard and made positive contributions to “their” school and community. Our reader reports that his perplexed family initially thought that Brown had made a word-processing error. That was before they listened to a voice mail message from the school congratulating his daughter and referring to her as “them.”

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Thanks to "bracket creep," the inflation of the 1970s pushed millions of taxpayers into higher tax brackets even though their inflation-adjusted incomes were not rising. To help offset this tax increase and also to improve incentives to work, save, and invest, President Reagan proposed sweeping tax rate reductions during the 1980s. What happened? Total tax revenues climbed by 99.4 percent during the 1980s, and the results are even more impressive when looking at what happened to personal income tax revenues. Once the economy received an unambiguous tax cut in January 1983, income tax revenues climbed dramatically, increasing by more than 54 percent by 1989 (28 percent after adjusting for inflation).

 

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