PJ MEDIA
Sen. Tom Cotton Demands IRS Investigation into SPLC’s Tax-Exempt Status
by Tyler O’Neil
April 2, 2019
On Tuesday, Sen. Tom Cotton (R-Ark.) sent a letter to the Internal Revenue Service (IRS) demanding an investigation into whether or not the Southern Poverty Law Center (SPLC) should lose its tax-exempt status. His letter comes after weeks of turmoil with the SPLC struggling with scandals of alleged racism and sexism. The organization fired its co-founder, saw its president and other leaders resign, and lost a prominent member of its board…Cotton notes that “the SPLC has accrued more than $500 million in assets. According to the group’s most recent financial statement, it holds $121 million offshore in non-U.S. equity funds.” READ MORE