Tax Political Organizations
PG was listening to a podcast about the scandalette involving the IRS. There was talk about a 501(c)(3) organization. Listening to this alphanumeric chatter can cause brain damage. The suspicion here is that these things are made complicated so the average person will run away in horror. This way, the crooks get to run their political organization TAX FREE.
There was talk about how the organizations needed to do the majority of their work in non political causes. The law, apparently, is not well written. The IRS says “it may not be an action organization, i.e., it may not attempt to influence legislation as a substantial part of its activities and it may not participate in any campaign activity for or against political candidates.” It makes you wonder why the Tea Party would want to have a group like this. Evidently, with Citizens United in effect, corporations can funnel money into campaigns, and this is one way this is facilitated.
As you may have guessed by now, this is very confusing to PG. There is a big question here. Why does an organization that lobbies Congress, or gets involved in politics, get to operate tax free? The government is broke, and getting broker every day. Maybe we should charge these fat cat political organizations taxes. Then, whether or not Tea Party groups get tax exempt status would be a non issue. Just to be fair, we can charge liberal groups taxes.












super interesting… food for thought!