George Soros gave billions to left-wing causes in years he paid no federal income tax

George Soros gave billions to left-wing causes in years he paid no federal income tax
George Soros

[Ed. – Imagine how much fun it would be if the IRS nailed this guy for tax evasion.]

Billionaire left-wing financier George Soros gave millions of dollars to left-wing political campaigns, and billions to his own liberal foundation, in years when he paid no federal income tax.

On Tuesday, ProPublica, citing Internal Revenue Service documents, revealed that several of America’s richest people … paid no federal income tax in certain years, as they claimed to have made net losses that offset gains.

Soros’s tax avoidance is among the most striking, since he funds a vast array of left-wing groups, which generally share the belief that the rich should be taxed more to redistribute their wealth to the poor, and to fund government programs.

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ProPublica reported:

[…]

A spokesman for Soros said in a statement: “Between 2016 and 2018 George Soros lost money on his investments, therefore he did not owe federal income taxes in those years. Mr. Soros has long supported higher taxes for wealthy Americans.”

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