Trump Harvard's tax-exempt status gone but IRS has to do it

The ongoing conflict between the Trump Administration and Harvard University intensified as President Trump threatened to revoke the university's tax-exempt status. In a brief Friday morning post on Truth Social, Trump wrote, "We are going to be taking away Harvard’s Tax Exempt Status. It’s what they deserve!"

While Trump's threat raises legal questions, the president does not have the authority to revoke tax-exempt status; that power lies with the IRS.

The agency is supposed to act independently and federal law prohibits the president from directing the IRS to launch an investigation.

#harvard #trump #taxes #irs #politics

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