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cthulu2016

(10,960 posts)
Tue Aug 7, 2012, 11:28 AM Aug 2012

Republicans demand lax IRS enforcement on Super PACS

A complex story. No four paragraphs from the story can not convey the whole back and forth.

Republicans To IRS: Back Off Anonymous Money Groups

...In March, Schumer and six Democratic colleagues sent IRS Commissioner Douglas Shulman a letter asking for a “bright line test” for approval of tax-exempt status that imposes “a strict, percentage-based cap on the amount of a nonprofit group’s spending that can go towards political activities.”

“We urge the IRS to take these steps immediately to prevent abuse of the tax code by political groups focused on federal election activities,” the Democratic senators wrote. They continued that “if the IRS is unable to issue administrative guidance in this area then we plan to introduce legislation to accomplish these important changes.”

In response, 12 Republican senators — including Minority Leader Mitch McConnell (R-KY), Minority Whip Jon Kyl (R-AZ) and Finance Committee Ranking Member Orrin Hatch (R-UT) — sent the IRS a letter warning them not to do just that, arguing that stricter enforcement could get mired in a political agenda.

“It is critical that the public have confidence that federal tax compliance efforts are pursued in a fair, even-handed, and transparent manner — without regard to politics of any kind,” the Republican senators wrote...

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Republicans demand lax IRS enforcement on Super PACS (Original Post) cthulu2016 Aug 2012 OP
Transparent? Really repigs? Curtland1015 Aug 2012 #1
12 more idiots heard from Angry Dragon Aug 2012 #2
K&R ck4829 Aug 2012 #3

Curtland1015

(4,404 posts)
1. Transparent? Really repigs?
Tue Aug 7, 2012, 11:31 AM
Aug 2012

How can you even PRETEND to want transparency? It's the antithesis of what these Super PACs are all about!

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