Trump says Harvard will lose tax exempt status

https://www.bloomberg.com/news/articles/2025-05-02/trump-says-harvard-will-lose-its-tax-exempt-status

by karma_daemon • 1 year ago

21 17 1 year ago

westurner2• 1 year ago

What prevents them from instead justifying tax-exempt status as a faith-based nonprofit for their FSM-related charitable work, say?

duxup5• 1 year ago

I think that assumes that there's some fair evaluating of tax status going on.

Harvard defied Trump and that's why they're making this push. I don't think any given argument to the feds will change that math.

If you work for the feds, I think you know that if you were to follow a process and find that Harvard should retain their tax exempt status then you won't have a job long.

westurner2• 1 year ago

Is Wharton a religious school though? Do they sell nonprofit branded religious texts with their brand on it?

AnimalMuppet2• 1 year ago

I question whether Trump has the legitimate legal authority to decide the taxable status of specific institutions. If he wants to change the rules about what qualifies for tax-exempt status, that takes an act of Congress (which he can probably get, eventually).

What he can do is tell the IRS to go through the existing rules and find a reason why Harvard doesn't qualify for tax-exempt status. The problems will be that, first, whatever the reason given will be, it will head for a court case, and second, it will be almost impossible to interpret the rules so that the new interpretation hits Harvard only (and not, say, the other Ivy League schools).

xenospn• 1 year ago

This is just one of those things he says to appeal to his base. Nothing will come out of it.

duxup5• 1 year ago

I think actual firings, funding cuts, contract cuts, programs ending have already occurred regardless of how legal the acts that caused them to occur they are.

UncleMeat• 1 year ago

What he can do is tell the IRS to go through the existing rules and find a reason why Harvard doesn't qualify for tax-exempt status.

No. Even this is illegal. There's specific legislation about this, which explicitly covers the president. The president is not allowed to tell anybody at the IRS to investigate any individual person or organization.

AnimalMuppet2• 1 year ago

I would love for you to be right. Can you point me to the ruling/precedent/statute that covers this?

incomingpain• 1 year ago

Harvard does a great job at making really good graduates who go on to do great things.

Harvard who doesnt control their grads go on to become supreme court justices and other politically appointed positions.

Harvard takes blame?

Now they are digging deep to find other reasons to attack harvard?

ashoeafoot2• 1 year ago

Havard made the line go up and the living standards on avg go down. The scissor they made, it came for thee..

duxup5• 1 year ago

Can you explain what that means?

Trump says Harvard will lose tax exempt status

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