Connecticut Democrats warn Yale risks tax status if it makes DOJ deal
Summary
Connecticut Democratic lawmakers said Yale University could lose its tax-free status if it agrees to a deal with the U.S. Department of Justice. Yale's president confirmed the university is in talks with the DOJ after investigations into the school.Key Facts
- Connecticut Democrats warned Yale about the risk to its tax-exempt status.
- The warning relates to Yale potentially making a deal with the Department of Justice.
- The DOJ is investigating Yale University.
- Yale’s President Maurie McInnis said the university is in discussions with the DOJ.
- Yale is an Ivy League school located in Connecticut.
- The tax-exempt status allows Yale to operate without paying certain taxes.
- The issue centers on how Yale resolves the DOJ’s investigation.
- Lawmakers are concerned about legal and financial consequences if Yale makes a deal.
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