IRS considering revoking Harvard’s tax-exempt status

ABC News’ Jon Karl has the latest on reports that the IRS is now considering whether to pull the university’s tax-exempt status after the institution rejected the Trump administration’s demands.

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[NeilRamsay-qz]

The church of Scientology needs its tax exception status taken away.

[kvdme]

Pull the mormon church tax exempt status. They are real estate investors.

[AJNpa]

Remember that weaponized government we heard the GOP talk about so much during the election? Well it's finally here. Every accusation an admission or an aspiration.

[Robspranjer]

Harvard has $53 Billion in endowments and gets $2.2 Billion in Federal Grants and is tax exempt. I thought Billionaires were supposed to pay their far share?

[georgekatz]

Wait a minute we give them millions of tax dollars and their tax exempt. What the hell is going on? How much did they charge for an education? This is ridiculous.

[MythicBoone]

Wait they get a tax exemption? It’s a privatized education system.. receives billions in funds annually… charges hundreds of thousands per student annually….

Sounds like one big old scam.

[Dabolina]

Wtf tax exempt. No wonder the rich get richer

[johnnydoe]

This Opens the Door to Tax Corrupt Churches. 🤣🤣

[Eric-uefm]

Harvard should immediately begin open talks with the Canadian government concerning moving the University and entire endowment into Canada.

[ThootenTootinTabootin]

I make less than $30k a year and owe the government money. So, yeah. Pretty gross to be rich and not owe them anything

[walterryan]

Another thing!!! These are the same people who scream TAX THE RICH...PAY YOUR FAIR SHARE...

[nancyking]

Why are tax dollars going to rich Ivy League Universities?

[Rejectsocialism]

Why would they be tax exempt? They are a for profit private school that has $51, 000, 000, 000 endowment. This is a crime against taxpayers.

[wenerjy]

Tax every church, they are far less useful than the research grants given to universities.

[turbonerd]

How dare they! Harvard shouldn’t pay any taxes and is entitled to 3 billion dollars of our tax money every year.

[sheogorath-the-incrazy]

No private school should be getting more than a penny.

[sheogorath-the-incrazy]

Most expensive private school in the needs tax money to something is off here

[christinaordorica]

How is the college an Ivy League college tax exempt that’s ridiculous. They should be paying

[rlhicks]

Why does a college have a tax exemption in the first place?

[Broomtwo]

Why does no one ask why we are subsidizing rich people going to a university that has basically unlimited money?