CREW Fails To Force IRS To Take Even Harder Stand On 501(c)(4) Political Spending
Last I looked the determination has been delegated to state historic commissions just as the allocation of the low-income housing credit is delegated to state housing agencies. The Federal Election Commission is the agency that is supposed to be enforcing transparency in political spending, let it have the job. Maybe in the meantime, the SEC could require publicly traded companies to disclose their political expenditures.
Tea Party Patriots Celebrates Fifth Anniversary By Asking For Money
The odd thing about Tea Party Patriots Inc. is that it wants to transform the political landscape, but it has adopted the stance in applying for tax-exempt status under 501(c)(4) that it is not mainly political. (By the way the IRS did just approve exempt status for TPPI. so, in a few months you will probably be able to get its 990 on guidestar.org.)
Follow Me
Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.
