Trump Announces Plan to Revoke Harvard’s Tax-Exempt Status

5Mind. The Meme Platform

The president says that the move is ‘what they deserve.’

President Donald Trump on Friday said he would strip Harvard University of its tax-exempt status, as a battle between his administration and the Ivy League school continues.

“We are going to be taking away Harvard’s Tax Exempt Status. It’s what they deserve,” Trump wrote in a post on Truth Social. He did not elaborate on the details, including when it may happen.

Some schools, religious organizations, charity groups, private foundations, and others can receive tax-exempt status if they meet 501(c)(3) nonprofit qualifications under the tax code established and enforced by the IRS.

The White House has threatened to pull funding from Ivy League schools over alleged anti-Semitism at campuses and for promoting diversity, equity, and inclusion (DEI) initiatives, among other measures. Harvard filed a lawsuit against the Trump administration over funding that was blocked.

Trump previewed removing the university’s tax-exempt status in comments last month.

“Tax-exempt status, I mean, that’s a privilege. It’s really a privilege. And it’s been abused. By a lot more than Harvard, too,” he told reporters in the Oval Office, while also mentioning Princeton University and Columbia University, also Ivy League schools.

“It’s something that these schools really have to be very, very careful with.”

In mid-April, the Trump administration froze $2.2 billion in grants to Harvard and $60 million in contracts to Harvard University, after the school said it would defy the Trump administration’s demands to limit activism on campus.

Harvard President Alan Garber said at the time that his school would not adhere to the government’s demands.

“The University will not surrender its independence or relinquish its constitutional rights,” Garber said in a letter released online. “No government—regardless of which party is in power—should dictate what private universities can teach, whom they can admit and hire, and which areas of study and inquiry they can pursue.”

But earlier this week, Harvard pledged reforms in response to a pair of internal reports on anti-Semitism and anti-Arab prejudice at the Ivy League campus following last year’s anti-Israel protests amid an ongoing war between Israeli forces and the Hamas terrorist group that started in October 2023.

By Jack Phillips

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

ChatGPT: Vaccine Pimp Extraordinaire

A ChatGPT discussion on giving children a drug meant to prevent a disease largely spread through IV drug use and unprotected sex exposure risks posed

Mr. Softee’s America

We have more comfort than any generation in human history and somehow, we complain more than ever.

DNI Tulsi Gabbard is Bringing the Heat

DNI Tulsi Gabbard brought the heat to Fulton County Georgia to oversee the collection of physical voting data from the 2020 General Election.

Anti-Trump Propaganda is In High Gear!

With all the news these days, it is difficult to keep up. It becomes even more difficult when people intentionally make up stories to push an agenda.

TDS in American Nurses

Is stage four Trump Derangement Syndrome being seen in liberal nurses like Alex Pretti, Lexi Lawler, and Malinda Cook?

New SNAP Work Requirement Rules to Start Feb. 1 in Multiple States

The new work requirements to gain or continue eligibility for the federal SNAP will start being implemented in several U.S. states beginning Feb. 1.

Astronauts See Real Connection Between Space Station Work and Moon Missions

If Artemis II succeeds and a lunar lander is ready, NASA plans to land astronauts on the moon with Artemis III, targeting a 2028 launch.

Blue Origin Pauses Space Tourism to Focus on the Moon

Blue Origin is pausing New Shepard suborbital flights to focus on delivering a crewed lunar lander to NASA ahead of Congress’s 2030 moon deadline.

FTC Issues Warning Letters to 42 Law Firms for DEI Hiring

The FTC has sent letters to 42 law firms, warning them about “potentially unfair and anticompetitive employment practices” involving DEI policies.

What to Know About Kevin Warsh, Trump’s Nominee for Fed Chair

President Donald Trump selected former Federal Reserve Governor Kevin Warsh as the next head of the U.S. central bank.

Trump Nominates Colin McDonald as Head of New Fraud Division at Justice Department

President Trump announced Colin McDonald as head for the new national fraud enforcement division of the DOJ in a post on Truth Social.

Trump Touts Upcoming Launch of ‘Trump Accounts’

The Treasury Dept. will host a summit marking the launch of Trump Accounts, new child savings accounts created by the One Big Beautiful Bill Act.

Trump Signals Flexibility on South Korea Tariffs

President Trump said the U.S. will negotiate a solution with South Korea after announcing higher tariffs on the ally’s exports a day earlier.
spot_img

Related Articles