Trump renews threat to revoke Harvard's tax-exempt status


By Xia Lin

NEW YORK, May 2 (Xinhua) -- U.S. President Trump said on Friday that Harvard University would lose its tax-exempt status, repeating his intent to enlist the Internal Revenue Service (IRS) in his feud with the university and upend its finances.

"We are going to be taking away Harvard's Tax Exempt Status. It's what they deserve!" Trump wrote on social media.

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