Governor Rick Scott has lost his mind: says Yale should move to Florida...

http://www.nhregister.com/general-news/20160329/florida-governor-rick-scotts-bid-to-lure-yale-hits-ivy-covered-wall

“With news that the Connecticut Legislature wants to unfairly tax one of the nation’s most renowned universities to deal with the state’s budget shortfall, it is clear that all businesses in Connecticut, including Yale, should look to move to Florida,” Scott wrote in a release Tuesday.

Yes, Florida, land of sunshine, humidity and tax cuts — 55 of them since 2011, according to Scott’s release. He brags that Floridians have saved $5.5 billion in that time, with 1 million new jobs and a $1 billion budget surplus.

It’s true that two Democratic New Haven legislators, Senate President Pro Tem Martin Looney and state Rep. Toni Walker, have introduced a bill that would have Yale put more of its endowment into additional jobs and education for residents or fork over $78 million to the state. That would be 0.3 percent of Yale’s endowment, which supports one-third of Yale’s annual budget.

Senate Bill 413 doesn’t mention Yale specifically, but it proposes taxing endowments larger than $10 billion, and Yale has the only endowment in the state that approaches that figure. Yale’s endowment, overseen by its renowned chief investment officer, David Swensen, last totaled less than $10 billion in 1999, when it was just over $7 billion, according to Yale’s annual reports. In 2009, a devastating year for the endowment with a loss of 24.6 percent, it sank to just $16 billion or so."

Um...