Bill Gates’ Foundation in Danger of Losing Tax-Exempt Status for Alleged Discrimination Against White Americans

[TCC]

Leftist Bill Gates' Foundation in Danger of Losing Tax-Exempt Status

Microsoft co-founder and billionaire leftist Bill Gates' nonprofit may be in danger of losing its tax-exempt status.

www.breitbart.com

The news surrounding the Bill and Melinda Gates Foundation also involves two other organizations facing accusations of breaking the law when it comes to their scholarship and career programs, the Times of India reported on Thursday.

“The American Alliance for Equal Rights (AAER) has accused the Gates Foundation, the Lagrant Foundation, and the Creative Capital Foundation 0f ‘intentionally’ excluding white people, a claim detailed in letters sent to the IRS. The AAER argues that these alleged discriminatory practices may violate federal law and provide sufficient grounds for the IRS to revoke the organizations’ tax-exempt status,” the report said.

 

[Tall Timbers]

My thoughts are these super rich people non-profit foundations are a means for the super rich to avoid paying taxes on the bulk of their lifetime earnings while using the money for their pet projects, often to the detriment of humanity. It's probably the biggest tax loophole that exists and should be shut down.