Trump threatens to cancel Harvard University tax exemption, cuts budget by more than $2 billion

In a post on the Truth Social platform on Tuesday, April 15, 2025, US President Donald Trump said that Harvard University could be stripped of its tax-exempt status and taxed as a political organization if it continued to push what he called “sick political ideologies inspired or supported by terrorists,” adding that it should remember that its tax-exempt status is based on actions in the public interest.

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