π₯πΉπ« Trump says he's 'taking away' Harvard's tax exempt status π₯πΉπ«
(abcnews.go.com)
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I'm not sure if Harvard is subject to the constraints of being (e.g.) a 501(c) 3 type of tax-exempt organization, but if so, it would be subject to not funding any political activity. As far as I am aware (and I could be wrong), the tax exemption status is determined by the IRS, based on the application of the institution and the facts of its activities.
They donβt need to rely on Harvard being political. They can revoke the tax status for plenty of reasons. Easiest would probably be to say they do not protect their Jewish students and are thus violating title 6β¦ though I bet you could make a title 9 case as well given the transgender stuff. A similar situation would be how Bob Jones University lost its tax exemption from 1983-2017 because they refused to admit unmarried black men.