Harvard University could be stripped of its tax-exempt status.

President Donald Trump posted to his Truth Social feed early Friday: “We are going to be taking away Harvard’s Tax Exempt Status. It’s what they deserve!”

He did not elaborate. The post comes just days after Harvard was already under scrutiny by the IRS.

The Cambridge university has also sued the Trump administration, stating in part: “Harvard filed a lawsuit Monday against the Trump administration, arguing its freeze on research funding is unconstitutional and “flatly unlawful” and calling on the court to restore more than $2.2 billion in research dollars.”

Originally Published: <time datetime="2025-05-02 08:41:22">May 2, 2025 at 8:41 AM EDT</time>

Harvard University could be stripped of its tax-exempt status.{ai:summary}<p>Harvard University faces the potential loss of its tax-exempt status following a statement from former President Donald Trump. He indicated on social media that the university "deserves" this action, though he did not provide further details.</p><p>This announcement comes amid ongoing scrutiny from the IRS and a lawsuit filed by Harvard against the Trump administration regarding a freeze on research funding, which the university claims is unconstitutional. #politics</p>

Trump vows to strip Harvard of its tax-exempt status

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