Trump says he'll strip Harvard of its tax-exempt status

1 month ago 10
PopAds.net - The Best Popunder Adnetwork

(NewsNation) — President Donald Trump connected Friday said helium plans connected "taking distant Harvard’s Tax Exempt Status," the latest determination successful the administration's attacks connected the Ivy League schoolhouse implicit policy compliance.

"We are going to beryllium taking distant Harvard’s Tax Exempt Status," Trump said connected Truth Social. "It’s what they deserve!"

Last week, the Internal Revenue Service reportedly received an inquiry from the Treasury Department to rescind the school's tax-exemption status.

Tax exemption is reserved for nonprofits, societal payment organizations, spiritual groups and immoderate acquisition institutions that acceptable the government’s criteria. However, they are banned from governmental run activity.  

Proof of beingness connected K2-18b ‘not astatine each obvious’: Harvard professor

Trump antecedently froze much more than $2.2 billion in national probe funding to the school, citing its refusal to comply with controversial demands surrounding curriculum, protesting and diversity, equity and inclusion programs.

The institution has sued the Trump medication implicit the backing cuts and joined much than 100 different colleges successful denouncing Trump's asks.

Harvard has said it would defy the Trump administration’s demands to bounds activism connected campus, though it has revamped its DEI office amid medication pressure.

NewsNation spouse The Hill contributed to this report.

Read Entire Article