[matt4077]

It's not a "tax loophole". A foundation certified to spend money for altruistic goals is exempt from taxes like any other non-profit.

Soros has the same power to get his money back as you do when you write a cheque to Amnesty International, i. e. none.

So yes, he's saving 50 cents in taxes for every $1 he gave to philanthropic causes. It's really nothing special or scandalous.