Trump Targets Harvard’s Tax-Exempt Status, Aiming to Revoke Status

President Donald Trump announced his intention to revoke Harvard University’s tax-exempt status in a move that has drawn criticism from both academics and political rivals. The decision to withdraw the university’s special tax exemption was made public on May 2, 2025, marking a significant escalation of tensions between the federal government and prestigious educational institutions. This action could significantly impact Harvard’s financial stability and raise concerns about the future of academic freedom in the United States.