Private schools’ tax breaks at risk over race considerations, under new federal plan
TL;DR Summary
The Treasury Department and IRS proposed a rule to revoke private schools’ tax-exempt status if they weigh race in admissions or policies, aiming to curb racial discrimination in education; the measure could affect up to about 18,000 schools and may take effect in May, following a Supreme Court ruling on race-conscious admissions.
- Trump administration aims to strip schools’ tax exemption if they consider race The Washington Post
- Trump Moves to Strip Tax Exemption From Schools That Aid Minority Students The New York Times
- Treasury Targets Tax Exemptions for Schools Over Racial Policies Bloomberg.com
- IRS Proposes Rules for Private Colleges on Race-Based Programs news.bloombergtax.com
- Trump administration to end tax-exempt status over school discrimination thecentersquare.com
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