Yesterday, Senator Tom Cotton (R-Arkansas) issued a letter to the Commissioner of the Internal Revenue Service, Charles Rettig, urging an investigation into whether the Southern Poverty Law Center (SPLC) should retain its classification as a 501(c)(3). Senator Cotton is requesting an investigation into the tax-exempt status of the Southern Poverty Law Center (SPLC) based on numerous examples of the SPLC engaging in systematic defamation of their political opponents.
In the letter, Sen. Cotton notes that the, “SPLC’s defining characteristic is to fundraise off of defamation. This business model has paid well. 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. The SPLC uses these assets to pay its executives lavish salaries far higher than the comparable household average.”
“In addition to failing to have a tax-exempt purpose…Federal law prohibits tax-exempt organizations from…
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