George Soros Transfers $18 BILLION To His Foundation To Avoid Estate Taxes| The Daily Caller

0
366
Absolute Nature CBD

Left-wing financier George Soros has transferred $18 billion to the Open Society Foundations, the network of non-profits Soros uses to advance his left-wing ideology both in the United States and around the world.

The massive transfer, which was first reported by the Wall Street Journal, is roughly equivalent to the gross domestic product (GDP) of Afghanistan, according to World Bank data. Grover Norquist, president of Americans for Tax Reform, suggested that the transfer is a way for the 87-year-old Soros to avoid the estate tax — also known as the death tax — which penalizes large inheritances.

Source: Soros Transfers $18 BILLION To His Foundation | The Daily Caller