President Trump on Friday threatened the tax-exempt status of and funding for universities and colleges, claiming that “too many” schools are driven by “radical left indoctrination.”
“Therefore, I am telling the Treasury Department to re-examine their Tax-Exempt Status and/or Funding, which will be taken away if this Propaganda or Act Against Public Policy continues,” Trump tweeted. “Our children must be Educated, not Indoctrinated!”
Trump did not name specific institutions whose tax-exempt status he wants the Treasury Department to review. Most private and public colleges and universities are exempt from taxes because they qualify as 501(c)(3) organizations. Continue reading.