The senators also said that 501(c)4 groups should have to disclose upfront—on all written and online solicitations that get sent to potential donors—how much of their activities are political. The senators said this would make it clear to potential donors how much of a tax deduction, if any, they could claim on their tax returns. Currently, no such information is required to be disclosed and tax experts have expressed concern that many corporations contributing funds to these political groups may be counting those donations as a business expenses eligible for a full tax deduction.A New York Times article from October, 2010 reports that Senator Max Trainwreck Baucus "asked the I.R.S. last week to conduct a broad review into “major” tax-exempt organizations to determine if any were misusing their tax-exempt status. Tax-exempt groups are banned from engaging in politics as their “primary” activity."
In another article the Times noted;
The Internal Revenue Service is caught in an election-year struggle between Democratic lawmakers pressing for a crackdown on nonprofit political groups and conservative organizations accusing the tax agency of conducting a politically charged witch hunt.Unfortunately the crackdown went on well beyond election year. Following the dictates of Senator Schumer et al the IRS did not issue an exemption to any of the targeted groups for 27 months. In the next few weeks the media, which seems to be having a come to Jesus moment over the IRS's blatant thuggery, must decide if they will sustain their outrage or revert to the servile posture they have proudly exhibited for the last 5 years. The Republicans and the Tea Party must not settled for anything less than an in dependant special prosecutor.
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