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Trump Threatens Harvard’s Tax-Exempt Status Again, Leaving Ivy League Wide Open To Owe Nearly a Half-Billion in Property Taxes and More
After the university rejected his administration’s demands, President Donald Trump threatened to tax Harvard as a "political entity," following his move to freeze $2.2 billion in federal funding to the school. He doubled down on his ultimatums three weeks later, insisting that Harvard losing its tax-exempt status was "what they deserve."
"We are going to be taking away Harvard's Tax Exempt Status. It's what they deserve!" the president said in a post to Truth ...
A bill in Congress would increase the endowment tax for Harvard and other schools to 21%, the equivalent of the corporate tax ...
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