Trump admin set to target George Soros nonprofit, Southern Poverty Law Center and CAIR in major tax crackdown: sources

Tax policy debates center on growth versus redistribution as Americans weigh economic freedom.

Source: New York Post
1 min read
Why This Matters

Scott Bessent used to draw a paycheck from George Soros. Now he's reportedly the one deciding whether Soros' Open Society Foundations gets to keep its tax-exempt status. That's not a small irony, and it's the kind of detail that tells you this isn't some abstract policy exercise dreamed up in a think tank memo.

New Republican Times Editorial Board

Trump admin set to target George Soros nonprofit, Southern Poverty Law Center and CAIR in major tax crackdown: sources
Image via New York Post

Treasury Secretary Scott Bessent is turning on his old boss, targeting George Soros' Open Society Foundations in a massive progressive tax crackdown.

Original source:

Read at New York Post

How We See It

New Republican Times Editorial Board

Scott Bessent used to draw a paycheck from George Soros. Now he's reportedly the one deciding whether Soros' Open Society Foundations gets to keep its tax-exempt status. That's not a small irony, and it's the kind of detail that tells you this isn't some abstract policy exercise dreamed up in a think tank memo. Someone who knew exactly how that operation works from the inside is now looking at it from the Treasury Department.

The names on this list matter. Open Society has spent decades funding prosecutors, ballot initiatives, and advocacy groups that reshaped American criminal justice policy while insisting it was all just charitable giving. SPLC built an entire fundraising empire on labeling mainstream conservative organizations as hate groups, a practice that's earned it lawsuits and plenty of skepticism even from people who aren't on the right. CAIR has faced its own scrutiny for years over ties to groups the government has designated as terrorist organizations. None of these are fringe complaints invented for this moment. They're long-standing, documented concerns that somehow never seemed to get real traction under the agencies meant to police tax-exempt abuse.

That's really the question here: why did it take this long? Nonprofit status comes with real strings attached, namely that you're not supposed to be running what amounts to a political operation with a charitable tax break bolted on. If these groups have been doing exactly that, a crackdown isn't persecution, it's enforcement that should have happened years ago regardless of who was in the Oval Office.

None of that means the administration gets a blank check to weaponize the IRS against groups it simply dislikes, and we'd say the same thing if this were reversed with conservative nonprofits in the crosshairs under a Democratic Treasury Secretary. The process has to be real, not just a headline. But the idea that these three organizations in particular have operated for decades without serious tax scrutiny was never sustainable, and pretending otherwise was its own kind of dishonesty.

Commentary written with AI assistance by the New Republican Times Editorial Board.