Bloomberg Television
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Can #Trump Revoke Harvard's Tax Exempt Status? #politics #shorts
Posted
May 5, 2025
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4,663
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May 5, 2025
4,663
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1:12Now PlayingPresident Donald Trump said Harvard University would lose its tax-exempt status, stepping up his attack on the Ivy League school with a threat that was decried as out of his jurisdiction.
Trump made the announcement after weeks of threatening a change to the school’s tax-free treatment. Experts say that revoking Harvard’s tax-exempt status would be a long process through the Internal Revenue Service and likely the courts — and that it could take years.
#trump #politics #harvard
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