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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIRS targets political nonprofit groups, conservatives shriek
IRS targets political nonprofit groups, conservatives shriekBy Michael Hiltzik at the LA Times
http://www.latimes.com/business/hiltzik/la-fi-mh-irs-20131126,0,6112061.story#axzz2lnr4MoB7
"SNIP......................................
Way too late to avert scandal, the Internal Revenue Service has set forth new guidelines defining political activities by nonprofits. These are activities for which donations aren't eligible for tax exemptions or donor confidentiality.
What scandal, you ask? It's not the bogus scandal about the IRS targeting "tea party" and "patriot" groups for special scrutiny. It's the real scandal that these groups or any others were trying to get tax breaks and anonymity for political donations in the first place.
Unsurprisingly, conservative groups instantly put up a big squeal about the IRS rules; after all, they're the ones who have exploited the murky old rules most assiduously. "These proposed new regulations put the 1st Amendment rights of Americans at even greater risk," said Jay Sekulow, chief counsel for the conservative American Center for Law and Justice, a big defender of the right of political donors to masquerade as public-spirited philanthropists and remain anonymous to boot. But make no mistake: Organizations across the political spectrum flouted the law, and they were all in the wrong.
The IRS proposal would dispel the murkiness that allowed illicit, anonymous multimillion-dollar political contributions to fly under the radar. It would define "candidate-related political activity" in detail, and make clear that it's not eligible for the tax exemption and anonymity granted to nonpolitical activities by so-called nonprofit "social welfare organizations," known formally as 501(c)4's.
........................................SNIP"
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IRS targets political nonprofit groups, conservatives shriek (Original Post)
applegrove
Dec 2013
OP
freshwest
(53,661 posts)1. Great piece, gets down to the important issue. Refreshing.
ancianita
(36,060 posts)2. All well and good, as far as it goes. But the BIG tax evasion money lies with owners of the 300,000
corporations headquartered at 1209 North Orange Street in Wilmington, DE, the largest offshore tax haven in the world outside of the City of London.
ancianita
(36,060 posts)3. Then again, maybe this is a first step in that direction...
starroute
(12,977 posts)4. This isn't about tax evasion -- it's about campaign finance regulation
These organizations allow big donors to evade the donation limits that would otherwise apply to them. And the same people who scream about the IRS are also behind the attempts to remove all such limits. (Just Google on Dan Backer and TheTeaParty.net and then on Dan Backer and McCutcheon case.)
Taxes are the least of it.