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workinclasszero

(28,270 posts)
Wed Dec 19, 2018, 09:49 AM Dec 2018

White supremacist groups are using an IRS loophole to make millions

As their fundraising options dwindle, white supremacists are still registered as charities—and the IRS is doing little to stop them.

CASEY MICHEL DEC 18, 2018, 6:33 PM

White supremacist organizations are facing new financial constraints, as payment processors, online stores, and fundraising sites increasingly bow to public pressure and prohibit these groups and individuals from making money off of their racist vitriol.

For at least seven organizations, however, a workaround remains: registering as a tax-exempt charity. As these white supremacists have discovered, taking advantage of a particular loophole enables them to continue earning millions of dollars in revenue from supporters happy to avoid taxes.

This registration has been a life-saver for these organizations, including some of the most prominent groups currently leading the resurgence of white supremacy in the United States.

These groups, like the VDARE Foundation, New Century Foundation, and Charles Martel Society — all of which consistently produce white nationalist material — claim to be “educational” pursuits, stating that they exist simply to pass along information and little more. Even when these groups mention race in their tax filings, they still claim to serve educational purposes; as the New Century Foundation wrote on its tax forms, it exists to “educate the public on matters of race, race relations, and immigration.”



https://thinkprogress.org/white-supremacist-groups-charity-tax-exempt-c70e155872f7/
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