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

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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

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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

Yesterday

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

Yesterday

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

Yesterday

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

Yesterday

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

Yesterday

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

Yesterday

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

2d ago

Harvard's president reacts to new Trump threat: "Highly illegal"

President Donald Trump has threatened to revoke Harvard's tax-exempt status. The move comes after the university refused to pay $2 billion in federal grants. Harvard's president said the move would be "destructive" to the university's mission. The university has been under fire from the White House for its refusal to pay the grants.

LEFT

Yesterday

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

2d ago

Trump threatens to revoke Harvard’s tax exempt status

WORLD is a news organization producing Biblically sound, daily coverage of global, national, and cultural current events.

MIDDLE

Yesterday

Trump threatens Harvard's tax-exempt status. How it could impact the university.

President Trump takes to social media to threaten to take away Harvard's tax-exempt status. This comes after the Trump administration froze billions of dollars of Harvard's federal funding. Harvard would have to pay federal income taxes on its revenue, donations could be lost if donors can't claim tax deductions on their gifts.

LEFT

Yesterday

President Trump: 'We Are Going To Be Taking Away Harvard's Tax Exempt Status'

The IRS can initiate a formal legal process to revoke tax-exempt status, typically involving evidence that the institution has violated the requirements of Section 501(c)(3) of the Internal Revenue Code. The IRS is led by Acting Commissioner Michael Faulkender. He was appointed on April 18th, 2025, by Scott Bessent — President Trump’s treasury secretary.

RIGHT

2d ago