Hedge fund billionaire Bill Ackman said it would be fair for Harvard University to lose its tax-exempt status, but he doesn’t ...

President Donald Trump is escalating his campaign to pressure elite universities into making a wide range of policy changes ...

The university, like many colleges and charities, is exempt from federal income and property taxes, saving it billions of ...

President Trump doesn’t have the legal authority to nix Harvard University’s tax-exempt status on his own. But will that stop ...

A New York University School of Law professor on tax policy called the news a “lawless action by the President.” ...

President Trump on Friday said he is stripping Harvard University of its tax exempt status — escalating a showdown with the ...

U.S. President Donald Trump announced that Harvard University would lose its tax exemption, criticizing the prestigious ...

"We are going to be taking away Harvard's Tax Exempt Status. It's what they deserve!" the president said in a post​ to Truth ...

A bill in Congress would increase the endowment tax for Harvard and other schools to 21%, the equivalent of the corporate tax ...

President Donald Trump’s public threat to strip Harvard University of its tax-exempt status could come back to bite him, ...

A Harvard spokesperson told ABC News there's no "legal basis" to rescind the university's tax-exempt status and said it would endanger the school's ability to carry out its mission.

The centuries-old pool of investments grew by 5% last year, or nearly $2.5 billion. If Harvard’s taxes on its income spiked, ...