🚨 HOLY CRAP! Treasury Sec. Scott Bessent is reportedly gearing up to REVOKE the tax-exempt status of nonprofits including George Soros’ Open Society Foundation, CAIR (Council on American-Islamic Relations) and the SPLC — NYP
The operation might result in CIVIL PENALTIES too… pic.twitter.com/Q1zOVJqUbm
— Eric Daugherty (@EricLDaugh) August 28, 2026
President Trump is finally doing what millions of Americans have begged Washington to do for years: treat George Soros’ political empire, the Southern Poverty Law Center, and CAIR like the political operations they are — not holy “charities” living tax-free on the American taxpayer’s dime.
According to an exclusive from the New York Post, Treasury Secretary Scott Bessent and the IRS are drafting a plan that could strip 501(c)(3) tax-exempt status from Open Society Foundations, the SPLC, and the Council on American-Islamic Relations. Sources say audits, back taxes, and civil penalties are on the table.
It’s about damn time.
Bessent vs. his old boss
The irony writes itself. Bessent once served as chief investment officer at Soros Fund Management. Now he’s the man holding the tax hammer over the network Soros built and his son Alexander now chairs.
Treasury officials are “like a dog with a bone,” one source told the Post. Another said many of these groups and their donors are “on borrowed time.” The legal hook is a 2025 Trump executive order targeting nonprofits that operate with a “substantial illegal purpose” — political violence, radical street action, and abuse of charity status as a political slush fund.
A New York Post analysis of 2024 IRS filings found that if these outfits paid the normal 21% corporate rate, they’d have owed about $165 million. Almost all of it — $163.6 million — belongs to the Soros network. SPLC’s tab would have been roughly $354,000. Seventeen CAIR chapters combined: about $860,000.
That’s not “philanthropy.” That’s a tax-subsidized political machine.
The SPLC: hate-for-profit, then they came after us
The SPLC is not a civil-rights group. It’s a fundraising and defamation factory that spent decades slapping the “hate group” label on conservatives, Christians, immigration hawks, and anyone who wouldn’t kneel to the left. Mainstream conservative ministries, parent groups, and news sites have all been smeared so corporations, banks, and Big Tech would cut them off.
Whatfinger News knows this personally. The SPLC’s Marxists called Whatfinger a hate site — the same outfit Google and the old media loved to cite as gospel. Lies and BS, designed to deplatform and defund. They did it to Turning Point USA, Alliance Defending Freedom, Family Research Council, and countless others. They did it to us.
And now the Justice Department has indicted the SPLC itself on wire fraud, bank fraud, and money-laundering conspiracy. Prosecutors allege the group secretly funneled millions in donor money to informants inside the Klan, neo-Nazi outfits, and other extremist groups — the same extremism it used as a fundraising pitch. One informant, according to the indictment, helped organize transportation to the 2017 Charlottesville “Unite the Right” rally. Former Intelligence Project chief Heidi Beirich has been charged as well. The SPLC denies everything and screams “vindictive prosecution.” Of course they do.
Acting Attorney General Todd Blanche put it bluntly when the indictment dropped: the SPLC was “manufacturing racism to justify its existence.”
That’s the group that spent years trying to brand honest conservative news as hate. The chickens are coming home to roost.
Soros money and CAIR’s baggage
Open Society Foundations has poured billions into NGOs pushing open borders, climate lawfare, “diversity” politics, and street activism. Beneficiaries have included Black Lives Matter-aligned groups, the U.S. Campaign for Palestinian Rights, and United We Dream Action. Taxpayers were never supposed to subsidize that agenda through a charity exemption.
CAIR is a different kind of problem. It was named an unindicted co-conspirator in the 2007 Holy Land Foundation terror-financing trial. The group denies any illicit ties. The Trump team is treating it as a national-security target, not just a tax case.
Other names on the wider review list include the Private Equity Stakeholder Project, the anti-Amazon Athena Coalition, MediaJustice, and the Strategic Organizing Center tied to the SEIU. This is not a one-off hit on Soros. It’s a broader crackdown on “bogus” charities that act like Super PACs with a halo.
X already knows the score
On X, the reaction was instant and familiar: finally. Users posted the Post headline with comments that the tax-exempt privilege was never a license to bankroll chaos while America picks up the tab. One widely shared post laid out Bessent’s own language: Treasury is hunting organizations that abuse charitable structures as vehicles for illicit finance and foreign influence, and “that work is well underway.”
Patriots have been saying this for a decade. The difference now is that the White House, Treasury, and IRS are aligned — and the midterms are coming. Sources told the Post there is internal pressure to move before November, even as lawyers warn the revocation process is slow and will be fought in tax court. Left-wing groups have already sued, claiming the administration is “weaponizing” the tax code. They had no such outrage when the last crowd used the IRS as a political weapon.
Make it stick
Revoking 501(c)(3) status is not a press-release victory. It’s audits, appeals, and years of litigation. Experts say donor chill and bank de-risking may hit first. Fine. Let the money dry up. Let the smear factory explain to its donors why it paid extremists with tax-free dollars. Let Soros Inc. pay the corporate rate like every other political operation.
President Trump promised to drain the swamp. These groups are the swamp — tax-exempt, media-protected, and used to operating with impunity. Targeting Open Society, the SPLC, and CAIR is not revenge. It’s enforcement. Charity status is a privilege. If you run a political war room, you don’t get to hide behind a soup kitchen.
Whatfinger News has been on the receiving end of SPLC lies. We don’t forget. Neither should the IRS.
—-The Whatfinger News Team: Sgt K and Ben
The People say….
- HOLY CRAP! Treasury Sec. Scott Bessent is reportedly gearing up to REVOKE the tax-exempt status of nonprofits including George Soros‘ Open Society Foundation, CAIR (Council on American-Islamic Relations) and the SPLC — NYP The operation might result in CIVIL PENALTIES too Make it happen, Secretary Bessent! The move could target MULTIPLE leftist nonprofits because they ABUSE their tax-exempt status. This is MASSIVELY overdue! This was made possible by a Trump executive order from last year. Bessent recently said: “Treasury is expanding its efforts to identify organizations that abuse charitable and nonprofit structures as vehicles for illicit finance.” “We are examining where tax exempt status has been exploited, where charitable entities have become financial conduits for foreign influence activity and how those entrusted with stewardship of these organizations have instead enabled violence, where the evidence leads we will not hesitate to follow and of course we will hold these organizations, officers, directors, accountable and just as financial institution must know their clients they must know their grantees.” “That work is well underway.” – Eric Daugherty
- SOROS GROUP SCRUTINIZED: The Trump administration is reportedly preparing a sweeping audit of nonprofits it believes are abusing the federal tax code, with groups tied to George Soros, the SPLC and CAIR potentially facing loss of tax-exempt status. – Newsmax
- BESSENT IS LOADING THE TAX HAMMER ON SOROS, CAIR, AND THE SPLC. Treasury Secretary Scott Bessent is reportedly drafting the plan to strip 501(c)(3) tax-exempt status from George Soros’ Open Society Foundations, the Southern Poverty Law Center, and CAIR — New York Post exclusive, three sources inside the deliberations. Civil penalties and back taxes are on the table. If they lose the exemption and pay the 21% corporate rate, the 2024 tab alone would be about $165 million. Almost all of it is the Soros network. This was unlocked by a Trump executive order last year targeting nonprofits operating with a “substantial illegal purpose.” Bessent just said the quiet part at the ministerial on political terrorism: “Treasury is expanding its efforts to identify organizations that abuse charitable and nonprofit structures as vehicles for illicit finance.” “We are examining where tax exempt status has been exploited, where charitable entities have become financial conduits for foreign influence activity and how those entrusted with stewardship of these organizations have instead enabled violence.” “Where the evidence leads we will not hesitate to follow… we will hold these organizations, officers, directors, accountable… they must know their grantees.” “That work is well underway.” Tax-free status was never a license to bankroll chaos, foreign influence, and street violence while you pick up the tab. The privilege is being reviewed. Make it stick. – Q The Storm
- And many of these NGOs and “nonprofits” are not only funded by Soros and Singham, but also the CCP. Dark money from them flows into the NGOs and they support groups like Antifa and other organizations to cause riots and unrest in cities all over the country, such as all those anti-Israel/pro-Palestinian riots on college campuses. The FBI has been working on this as well. It is a dangerous way to cause massive social unrest in the US. Always remember, somebody bought and paid for those tents and professionally made signs during those college campus riots. – John B
- Please continue comments below
Resources
- Exclusive | Trump admin set to target George Soros nonprofit, Southern Poverty Law Center and CAIR in major tax crackdown: sources
- Trump admin to target far-left Soros group, SPLC, CAIR in crackdown on ‘bogus charities’: report
- Report: Soros, SPLC, CAIR Face Trump Admin Tax Scrutiny
- DOJ Southern Poverty Law Center Indictment Accuses SPLC of Funding ‘Informants’ and Infiltrators
- Southern Poverty Law Center indicted on federal fraud charges
- SPLC’s long-running scam is getting even shadier
- SPLC’s hate list almost got us killed. Its architect got indicted
- FBI cuts ties with Southern Poverty Law Center after MAGA push
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