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برچسب: Times

  • IRS Considering Revoking Harvard’s Tax-Exempt Status, New York Times Reports

    IRS Considering Revoking Harvard’s Tax-Exempt Status, New York Times Reports


    Trump hates Harvard. It refuses to follow his orders. Harvard’s President Alan Garber flatly refused to let the Trump goons take control of the university. Trump wants to show Harvard who is in charge. He said Harvard should lose its tax-exempt status. This is an unprecedented show of force. The president is not allowed to interfere with IRS decisions. But he appointed a new IRS leader. Nobody says no to Trump. But Harvard said no.

    When Harvard’s President, Alan Garber, resolutely refused to accept the Trump administration’s demand to oversee its curriculum, its admissions, and its hiring practices, Trump was furious. He lashed out and threatened to revoke Harvard’s tax-exempt status. By law, the President is not allowed to direct the IRS to investigate anyone. But lo and behold, the IRS commissioner absurdly claimed that it was already investigating Harvard, the nation’s most prestigious university. Sure.

    Academic freedom hangs in the balance. Big government wants to control what universities teach, who they admit, and who they hire.

    This is the worst attack on the independence of universities since the McCarthy era. it is actually more dangerous than McCarthy, who picked out individual professors. This is the President of the United States declaring war on America’s universities.

    The New York Times reported:

    The Internal Revenue Service is weighing whether to revoke Harvard’s tax exemption, according to three people familiar with the matter, which would be a significant escalation of the Trump administration’s attempts to choke off federal money and support for the leading research university.

    President Trump on Tuesday publicly called for Harvard to pay taxes, continuing a standoff in which the administration has demanded the university revamp its hiring and admissions practices and its curriculum.

    Some I.R.S. officials have told colleagues that the Treasury Department on Wednesday asked the agency to consider revoking Harvard’s tax-exempt status, according to two of the people, who spoke on the condition of anonymity to describe internal conversations.

    An I.R.S. spokeswoman declined to comment. The Treasury Department did not respond to a request for comment.

    Federal law bars the president from either directly or indirectly requesting the I.R.S. to investigate or audit specific targets. The I.R.S. does at times revoke tax exemptions from organizations for conducting too many political or commercial activities, but those groups can appeal the agency’s decision in court. Any attempt to take away Harvard’s tax exemption would be likely to face a legal challenge, which tax experts expect would be successful.

    Harrison Fields, a White House spokesman, said the I.R.S.’s scrutiny of Harvard began before the president’s social media post.

    “Any forthcoming actions by the I.R.S. are conducted independently of the President, and investigations into any institution’s violations of their tax status were initiated prior to the President’s TRUTH,” Fields said in a statement, referring to Mr. Trump’s website Truth Social.

    In a statement, Harvard said there is no legal basis for rescinding its tax status.

    “Such an unprecedented action would endanger our ability to carry out our educational mission,” the university said. “It would result in diminished financial aid for students, abandonment of critical medical research programs, and lost opportunities for innovation. The unlawful use of this instrument more broadly would have grave consequences for the future of higher education in America.”

    Even an attempt at changing Harvard’s tax status would signify a drastic breach in the independence of the I.R.S. and its historic insulation from political pressure.

    The Trump administration has cleared out much of the agency’s senior leadership in the last few months, installing allies to temporarily serve as the commissioner and its top lawyer. Its newest acting commissioner, Gary Shapley, was an I.R.S. agent who has said that the investigation into the taxes of Hunter Biden, former President Joseph R. Biden Jr.’s son, was not aggressive enough.



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  • The New York Times: Trump Is Swinging a Wrecking Ball at the U.S. Government and the Global Economy

    The New York Times: Trump Is Swinging a Wrecking Ball at the U.S. Government and the Global Economy


    David Sanger wrote an article in the New York Times about Trump’s “Experiment in Recklessness.” His plan is no plan at all. His approach is no more than “burn-it-down-first,” figure what to do later. His article appeared on Wednesday, before Trump announced a 90-day pause in his incomprehensible plan to tax every nation–even uninhabited islands–but exempt Russia, Belarus, North Korea, and Cuba. Even desperately impoverished Lesotho–where the average pay is $5 a day–was subject to Trump’s tariffs.

    Our government is run by a cabal of people who are either evil or stupid or both. Probably both. People will die and are dying now because of their actions. Government agencies are being ripped apart. A generation of scientists has been ousted from important jobs in the government and in universities, where their federal grants have been terminated. All federal efforts to address climate change have been cancelled.

    Where Trump goes, chaos , destruction and death go with him.

    Sanger writes:

    As the breadth of the Trump revolution has spread across Washington in recent weeks, its most defining feature is a burn-it-down-first, figure-out-the-consequences-later recklessness. The costs of that approach are now becoming clear.

    Administration officials knew the markets would dive and other nations would retaliate when President Trump announced his long-promised “reciprocal” tariffs. But when pressed, several senior officials conceded that they had spent only a few days considering how the economic earthquake might have second-order effects.

    And officials have yet to describe the strategy for managing a global system of astounding complexity after the initial shock wears off, other than endless threats and negotiations between the leader of the world’s largest economy and everyone else.

    Take the seemingly unmanaged escalation with China, the world’s second largest economy, and the only superpower capable of challenging the United States economically, technologically and militarily. By American and Chinese accounts, there was no substantive conversation between Mr. Trump and China’s top leader, Xi Jinping, or engagement among their senior aides, before the countries plunged toward a trade war.

    Last Wednesday, Mr. Trump’s hastily devised formula for figuring out country-by-country tariffs came up with a 34 percent tax on all Chinese goods, everything from car parts to iPhones to much of what is on the shelves at Walmart and on Amazon’s app.

    When Mr. Xi, predictably, matched that figure, Mr. Trump issued an ultimatum for him to reverse the decision in 24 hours — waving a red flag in front of a leader who would never want to appear to be backing down to Washington. On Wednesday, the tariff went to 104 percent, with no visible strategy for de-escalation.

    If Mr. Trump does get into a trade war with China, he shouldn’t look for much help from America’s traditional allies — Japan, South Korea or the European Union — who together with the United States account for nearly half of the world economy. All of them were equally shocked, and while each is negotiating with Mr. Trump, they seem in no mood to help him manage China.

    “Donald Trump has launched a global economic war without any allies,” the economist Josh Lipsky of the Atlantic Council wrote on Tuesday. “That is why — unlike previous economic crises in this century — there is no one coming to save the global economy if the situation starts to unravel.”

    The global trading system is only one example of the Trump administration tearing something apart, only to reveal it has no plan for how to replace it.

    State Department officials knew that eliminating the U.S. Agency for International Development, the nation’s premier aid agency, would inevitably cost lives. But when a devastating earthquake struck central Myanmar late last month and took down buildings as far away as Bangkok, officials scrambled to provide even a modicum of help — only to discover that the network of positioned aid, and the people and aircraft to distribute it, had been dismantled.

    Having dismantled a system that had responded to major calamities before, they settled on sending a survey team of three employees to examine the wreckage and make recommendations. All three were terminated from their jobs even while they stood amid the ruins in the ancient city of Mandalay, Myanmar, trying to revive an American capability that the Department of Government Efficiency — really no department at all — had crippled.

    Secretary of State Marco Rubio was unapologetic about the paltry American response when he talked to reporters on Friday: “There are a lot of other rich countries, they should also pitch in and help,” he said. “We’re going to continue to do our part, but it’s going to be balanced with all of the other interests we have as a country.”

    Similarly, there was no plan for retrieving a Maryland man who was wrongfully deported to a notoriously dangerous Salvadoran prison, a move a judge called “wholly lawless” and an issue the Supreme Court is expected to take up in the next few days. A Justice Department lawyer in the case was placed on administrative leave, apparently for conceding that the man never should have been sent to the prison.

    Mr. Trump has appeared mostly unmoved as the knock-on effects of his policies take shape. He has shrugged off the loss of $5 trillion in the value of the American markets in recent days. Aboard Air Force One on Sunday night, he said: “Sometimes you have to take medicine to fix something.”

    To finish reading the article, click here. It should be a gift article.

    Friends, we are in a whole lot of trouble. Trump is not a businessman. He played one on TV. He is a performer. He is in way over his head. He called Elon Musk a “genius.” Musk called Trump’s trade advisor Peter Navarro “a moron.” Trump allowed Musk to tear almost every federal agency apart, destroying vital programs and firing essential personnel.

    We have to push back as hard as we can. Trump and his minions have retreated on some of their stupid actions (like purging Harriet Tubman and the Jnderground Railroad of its role in helping slaves escape). Little victories like this should encourage wider protests against the chaos that Trump has unleashed. Is he doing it for Putin’s benefit? Does he suffer from dementia?

    RESIST! PROTEST! STAND UP AND BE COUNTED!



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