Trump floats wider IRS tax exemption crackdown

Apr 18, 2025 - 09:00
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Trump floats wider IRS tax exemption crackdown
President Trump on Thursday floated a wider crackdown on tax-exempt entities after his administration asked the Internal Revenue Service (IRS) to revoke Harvard University’s tax-exempt status this week. “Tax-exempt status, I mean, that’s a privilege. It’s really a privilege. And it’s been abused. By a lot more than Harvard, too,” Trump told reporters in the…