IRS considers rescinding Harvard's tax-exempt status, something Trump floated

IRS considers rescinding Harvard's tax-exempt status, something Trump floated

“Remember, Tax Exempt Status is totally contingent on acting in the PUBLIC INTEREST!” President Trump wrote on Truth Social on Tuesday about Harvard.

Truth Analysis

Factual Accuracy
4/5
Bias Level
3/5
Analysis Summary:

The article is mostly accurate, reporting on the potential IRS action and Trump's comments. The claim that the IRS is "considering" or "making plans" to rescind Harvard's tax-exempt status is supported by multiple sources. However, the article's framing, particularly the inclusion of Trump's Truth Social post, introduces a degree of political slant.

Detailed Analysis:
  • Claim:** IRS considers rescinding Harvard's tax-exempt status.
    • Verification Source #2: Supports this claim, stating "IRS making plans to rescind Harvard's tax-exempt status."
    • Verification Source #4: Supports this claim, stating "The IRS is making plans to rescind the tax-exempt status of Harvard University, according to two sources familiar with the matter."
    • Verification Source #1: Supports this claim, stating "several outlets reported that the IRS is..."
    • Verification Source #3: Supports this claim, stating "several outlets reported..."
    • Verification Source #5: Does not directly state the IRS is considering rescinding the status, but implies it by saying "IRS move to revoke tax-exempt status..."
  • Claim:** Trump floated the idea of rescinding Harvard's tax-exempt status.
    • Verification Source #1: Supports this claim, stating "President Donald Trump said the school should lose its tax-exempt status..."
    • Verification Source #2: Supports this claim, stating "President Donald Trump in recent days raised the idea of punishing the Ivy League university..."
    • Verification Source #3: Supports this claim, stating "President Donald Trump said the school should lose its tax-exempt status..."
  • Claim:** "Remember, Tax Exempt Status is totally contingent on acting in the PUBLIC INTEREST!" President Trump wrote on Truth Social on Tuesday about Harvard.
  • This is a direct quote from Trump. The accuracy lies in whether he actually said it. The article doesn't provide direct proof of the Truth Social post, but it's highly plausible and not contradicted by any source.
Supporting Evidence/Contradictions:
  • Verification Source #2: "President Donald Trump in recent days raised the idea of punishing the Ivy League university for not complying with what the administration has..." This supports the claim that Trump floated the idea.
  • Verification Source #4: "New w/ @evanperez: The IRS is making plans to rescind the tax-exempt status of Harvard University, according to two sources familiar with the matter A final..." This supports the claim that the IRS is considering rescinding the status.
  • Verification Source #1, #3, and #5 all mention Harvard's response, indicating they are aware of the situation and contesting it.
  • No sources contradict the claim that Trump made the statement on Truth Social.