Trump Threatens Harvard's Tax-Exempt Status Again, Leaving Ivy League Wide Open To Owe Nearly a Half-Billion in Property Taxes and More
Briefly

Harvard University, the oldest and richest in the U.S., faces potential threats from the federal government after it rebuffed President Trump's administration. He has threatened to impose a tax on Harvard as a 'political entity' and froze $2.2 billion in federal funding following the university's refusal to comply with demands. If Harvard loses its tax-exempt status, it may be liable for nearly $500 million, particularly in property taxes, raising concerns about the university's financial stability amid Trump's insistence that it deserves such a penalty despite no evidence of IRS violations.
"Perhaps Harvard should lose its Tax Exempt Status and be Taxed as a Political Entity if it keeps pushing political, ideological agendas that align with partisan interests."
Read at SFGATE
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