THEFEDERALIST (Breccan F. Thies) - New IRS Rule To Strip Private Schools At All Levels Of Tax-Exempt Status For Using DEI
The Trump administration is hitting private schools where it hurts the most: their tax-exempt status. A new rule proposed by the Internal Revenue Service (IRS) on Thursday would strip private schools at all levels of education of tax-exempt status for using racial preference policies like diversity, equity, and inclusion (DEI). The Treasury Department estimates that […]