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.
Inside Philanthropy reported last year that Soros, who has said that he considers himself to be “some kind of god,” began laying the groundwork for the foundation to continue his mission after he dies.
Hacked OSF documents published last summer shed light on the way in which Soros has used his foundation to advance progressive, open-borders policies both domestically and abroad.
AAN Staff
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