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Home Politics

Trump Says He’s ‘Taking Away’ Harvard’s Tax Exempt Status

by Yonkers Observer Report
May 2, 2025
in Politics
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President Trump said on Friday that Harvard would lose its tax-exempt status, repeating his intent to enlist the Internal Revenue Service in his feud with the wealthy research university and upend the school’s finances.

“We are going to be taking away Harvard’s Tax Exempt Status. It’s what they deserve!” Mr. Trump wrote on social media.

It was not immediately clear if the I.R.S. was in fact moving forward with revoking Harvard’s tax-exempt status, a change that could only typically occur after a lengthy process. Federal law prohibits the president from directing the I.R.S. to conduct tax investigations, and I.R.S. employees who receive such a command are required to report it to an inspector general.

After Mr. Trump first publicly called for Harvard to lose its tax exemption last month, White House officials said that the I.R.S. would make its own conclusion about whether to do so.

Spokespeople for the I.R.S. and Treasury Department, which oversees the tax collector, did not respond to a request for comment. Harvard did not immediately respond to a request for comment.

With its tax-exempt status, Harvard not only does not have to pay most taxes, but donors can write off gifts to the school on their own tax returns. Losing the status would not only force Harvard to start paying tax to the federal government but could cause donations to dry up.

The intensifying standoff between the Trump administration and Harvard is part of a broad pressure campaign by the administration against some of the nation’s most elite universities.

The Trump administration has painted many top U.S. schools as hotbeds of antisemitism and discrimination that require federal intervention. Harvard has resisted the administration’s demands for changes, prompting the government to shut off some federal funding and Mr. Trump to threaten its tax-exempt status.

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