The broke Democrats are about to get a lot broker if Treasury Secretary Scott Bessent has his way.
The American taxpayer has been subsidizing the left’s political machine for decades, and Bessent is about to make them pay it back.
The Treasury Secretary and IRS are preparing to review the tax-exempt status of George Soros’s Open Society Foundations, the Council on American-Islamic Relations, and the Southern Poverty Law Center, according to the New York Post. The reviews could result in revocation of their 501(c)(3) status, substantial back-tax payments, civil penalties, and the standard 21 percent federal corporate tax rate going forward.
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