A conservative watchdog group is calling for a federal investigation into a powerful Texas philanthropist, alleging he used a tax-exempt nonprofit to quietly bankroll Democratic priorities — including ranked-choice voting — while failing to properly disclose millions in political spending.
The American Accountability Foundation (AAF) filed a complaint with the Internal Revenue Service on Feb. 4 targeting John Arnold’s Action Now Initiative, accusing the organization of abusing its 501(c)(4) “social welfare” status to fund political campaigns. The complaint, obtained by the Daily Caller News Foundation, alleges the group’s IRS filings omitted significant spending tied to a 2020 ranked-choice voting ballot initiative in Alaska.
Read Full Article: https://ijr.com/billionaire-outed-for-using-charity-front-to-quietly-funnel-millions-towards-democratic-causes/
