The Trump administration has ordered the Internal Revenue Service to revoke Harvard University’s tax-exempt status. This status allows Harvard to avoid paying income and property taxes, and donations to Harvard provide leftist billionaires with massive tax deductions for charitable contributions. In a flight of hyperbole, former Harvard president Larry Summers said, “Removal of Harvard’s 501(c)(3) status, which won’t happen because we are a nation of laws, would, if it did happen, devastate progress in medical and scientific research, maintenance of American and Western values, opportunity for the next generation of Americans and an important magnet for the United States in the world.” Earlier this week, the federal government cancelled over $2 billion in grants to Harvard; see Harvard Fools Around, Defies Trump Over DEI and Antisemitism—Finds Out It’s Really,…
Harvard Discovers If You Mess With the Bull, You Get the Horns – RedState
