Endowments in Billions of Dollars as of 2011
Harvard University   $31.73 Billion Dollars
Yale University         $19.37
Princeton University $17.11
Stanford University  $16.50
                        Total $84.72 Billion Dollars

Raising Taxes on those who make more than $250,000 per year - $60 billion and you kill jobs. SO

The solution to our budget deficit is obvious isn't it? Confiscate all the liberal college endowments. Solves two problems at once.