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After Proposed Tax on Endowment, Gov. Rick Scott Invites Yale to Move to Florida

Gov. Rick is courting Yale University to consider moving to Florida following a Connecticut legislature proposal to tax the university endowment.

Gov. Rick Scott, R-Florida, has invited one of the nation's most well-regarded universities to move from its Connecticut home down to his state.

Scott on Tuesday called on Yale to relocate to the Sunshine State in response to a consideration from the Connecticut state legislature to impose a tax on the school's $25.6 billion endowment.

"We would welcome a world-renowned university like Yale to our state," he said.

Struggling to close a state budget deficit, Connecticut lawmakers have proposed a 7 percent tax on the net investment profits of Yale's endowment. Scott vowed he wouldn't tax the Ivy League if it came to Florida.

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"Since I took office in 2011, we have not raised any taxes or fees in Florida. In fact, we have cut taxes 55 times, including $1 billion in tax cuts over the last two years, which saved Floridians $5.5 billion," he said.

But Yale, which has been in New Haven, Connecticut, for all of its 314-year existence, isn't keen on the idea.

"It’s wonderful to be recognized as an outstanding asset, but Yale, New Haven, and Connecticut have been on common ground to great mutual benefit for 300 years." Tom Conroy, Yale University Press Secretary, told NBC News.