The Dog That Did Not Bark – IRS Issues Adverse 501(c)(4) Rulings To Deafening Silence
An interesting question about the whole scandal narrative is how it would look if it turned out that many of the groups that the IRS “targeted” were in fact inappropriately claiming 501(c)(4) status. Tea Party Patriots Inc, for example, spends a lot of energy talking about how all those intrusive questions were harassment, but what if it turns that, in fact, all those phone calls that TPP Inc made telling people that November 2012 was the last chance to stop Obamacare from turning the country into a cradle to grave welfare state could be viewed as political?
Flap About NFL Tax Exemption Seems Silly
Years ending March 31, 2012, and March 31, 2011. There are losses in both years – $77,628,857 and $52,195,047 respectively. Those years are not anomalous. The National Football League has liabilities in excess of assets of $316,642,454 Superficially, it would appear that the 32 member teams of the NFL have increased their aggregate cumulative tax liability by over $100,000,000 due to the method of organization that they have chosen.
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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.