President Trump Vows to Revoke Harvard's Tax-Exempt Status

Articles

Summary

Trump says he will revoke Harvard University's tax-exempt status

Soon after Trump's Truth Social post, Senate Minority Leader Chuck Schumer, D-N.Y., and a group of other Senate Democrats sent a letter to the acting Treasury inspector general for tax administration requesting an investigation into the president's targeting of Harvard's tax-exempt status.

Left

NBC News

Trump says government will revoke Harvard’s tax-exempt status

President Donald Trump says Harvard University will be stripped of its tax-exempt status, an extraordinary move amid a broader chess match over free speech, political ideology and federal funding at the Ivy League school and across American academia.

Middle

WESH

Trump: 'Taking Away Harvard's Tax-Exempt Status'

House Republicans have also proposed raising the tax rate for endowment profits at certain universities, such as Harvard, from 1.4% to 21%.

Right

Newsmax

Shipping Supplies in Stock at ULINE

From boxes & packing materials to tape & labels, we've got you covered. In stock & ships today.

News Results

Trump vows to end Harvard’s tax exempt status in escalation of fight with university - The Boston Globe

“We are going to be taking away Harvard’s Tax Exempt Status,’’ he posted on his his social media site at 7:25 a.m. Friday. “It's what they deserve!’ Trump’S administration has demanded sweeping oversight over Harvard. The university is already facing the cancellation of $2 billion in federal grants.

LEFT

57m ago

A Taxing Showdown: Trump Says Harvard Will Lose Tax-Exempt Status

President Trump says Harvard will lose Tax-Exempt Status. The president has launched a formal review into the $9 billion in federal funding for the university. He demanded the university end DEI and crack down on anti-Semitic protests fueled by pro-Palestinian groups. The woke liberal elites have been plotted at extreme levels on the "F*ck Around and Find Out" chart.

RIGHT

57m ago

What Does Harvard Gain From Being Tax-Exempt, And Can Trump Revoke It?

The tax-exempt status for a university at the scale of Harvard is worth billions of dollars over the span of Trump’s four-year term. Harvard uses its endowment to generate those earnings each year. Every dollar that Harvard would now have to pay in taxes on those earnings is a dollar that it is not all.

MIDDLE

57m ago

JUST IN: President Trump Announces He's Stripping Harvard's Tax-Exempt Status After Woke College Defied Five Key Demands From Trump and Sued Instead

President Trump announced today that he will be taking away Harvard University's tax-exempt status. The move comes after the university refused to comply with five key demands from his administration. The tax exemptions have helped the school amass the largest university endowment in the entire country with $2.4 billion.

RIGHT

57m ago

President Trump promises to strip Harvard of tax-exempt status over policy disagreements

As tensions rise, Harvard's multi-billion dollar endowment could face significant tax implications if Trump follows through on his threat.

MIDDLE

58m ago

What Is Tax-Exempt Status and Can the I.R.S. Revoke It From Harvard?

The I.R.S. is now weighing whether to revoke Harvard’s tax exemption, according to three people familiar with the matter. President Trump has called publicly for Harvard to pay taxes, and his administration cut $2.2 billion in federal funding to the university after it refused to submit.

LEFT

59m ago

President Trump says he'll revoke Harvard's tax-exempt status

President Trump says he'll revoke Harvard's tax-exempt status. Harvard sued the administration over "sweeping and intrusive demands" and the freezing of $2.2 billion in funding. More than 80 members of the university's faculty pledged to donate 10% of their pay for up to one year.

MIDDLE

9h ago

Trump again threatens Harvard's tax-exempt status, saying, 'It's what they deserve!'

President Trump again threatens to revoke Harvard's tax-exempt status. He says, "We are going to be taking away Harvard's Tax Exempt Status. It's what they deserve!" The administration claims the university has failed to protect Jewish students on campus. Harvard's president rejected the administration's demands.

LEFT

6h ago

Trump Makes Latest Threat To Harvard Amid Ideological Battle: Report

The President has made demands to many high-profile institutions to reportedly combat antisemitism.

MIDDLE

7h ago

Trump Says He’s ‘Taking Away’ Harvard’s Tax Exempt Status

President Trump said on Friday that Harvard would lose its tax-exempt status. It was not immediately clear if the I.R.S. was in fact moving forward with revoking Harvard’s tax- exempt status. Federal law prohibits the president from directing the. I.r.s. to conduct tax investigations, and I. rs. employees who receive such a command are required to report it to an inspector general.

LEFT

8h ago

'Blatantly Illegal': Donald Says He'll Revoke Harvard's Tax-Exempt Status

Harvard University's President Alan Garbar said in a letter last month that the school "will not surrender its independence or relinquish its constitutional rights" by agreeing to Donald's demands. Donald again calls to remove Harvard University's tax-exempt status after the private university refused to bend to his demands for a series of policy changes.

LEFT

5h ago

Trump re-ups his threat to strip Harvard University's tax-exempt status

President Donald Trump on Friday re-upped his threat to strip Harvard University of its tax-exempt status. The first major college that has defied the administration’s efforts to get it to comply. Trump re-ups his threat. to stripHarvard University”s tax- exempt status.

MIDDLE

7h ago