In a post on Truth Social on Friday morning, President Trump announced he would strip Harvard University of its tax-exempt status.

President Trump wrote, “We are going to be taking away Harvard’s Tax Exempt Status.”

He added, “It’s what they deserve!”

In response, Harvard’s president has claimed President Trump’s decision to revoke the university’s tax-exempt status is “unlawful and endangers our ability to carry out our educational mission.”

HARVARD: Trump is stripping Harvard of its tax exempt status for its continued violation of civil rights and discriminatory admissions policies. pic.twitter.com/tCNa60o6nD

— @amuse (@amuse) May 2, 2025

Check out what Reuters reported:

U.S. President Donald Trump on Friday said he planned to strip Harvard University of its tax-exempt status, the latest salvo against the Ivy League school amid a larger crackdown on elite U.S. universities.

“We are going to be taking away Harvard’s Tax Exempt Status. It’s what they deserve!” Trump said in a post on his social media platform, without specifying when he might take action.

Since taking office in January, Trump has targeted major U.S. universities by freezing federal funding, launching investigations, revoking student visas and making other demands, saying higher education has been gripped by antisemitic, anti-American, Marxist and “radical left” ideologies.

Harvard has pushed back, suing the administration over the halted U.S. research funding and other demands, and joining more than 200 university and college presidents in protesting Trump’s higher education policies.

Harvard wanted to mess around and now they’re finding out

President Trump announced he’s going to take away its tax-exempt status

If you want to act like a political entity, then you can be treated like one and taxed like everyone else! pic.twitter.com/h4fsn4QtrM

— DC_Draino (@DC_Draino) May 2, 2025

Per ABC News:

President Donald Trump on Friday said he is “taking away” Harvard’s tax exempt status.

“It’s what they deserve,” he said in a Truth Social post.

The decision will likely face legal challenges.

Harvard’s president has said revoking the university’s tax-exempt status would be unlawful and endanger “our ability to carry out our educational mission.”

Trump previously called for Harvard to lose its tax exempt status after the university said it would not comply with the administration’s series of demands, including actions on antisemitism and the use of DEI on campus.

The administration has also frozen more than $2.2 billion in federal funding to Harvard.

What do you think?

This is a Guest Post from our friends over at WLTReport.

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