Crossroads GPS Argues Ads Attacking Candidates Aren't Political
Source: Huffington Post
WASHINGTON -- Crossroads Grassroots Policy Strategies, the political ad-buying organization cofounded by Republican strategist Karl Rove in 2010, has officially submitted its first tax forms with the Internal Revenue Service, and as expected, the group is formally requesting that the IRS treat it as a nonprofit operating under section 501(c)(4) of the tax code.
But that's a tricky proposition for a group that spends the vast majority of its money on ads decrying one political candidate or another.
The hitch is that the tax code says 501(c)(4) groups "must be operated exclusively to promote social welfare" -- the promotion of which "does not include direct or indirect participation or intervention in political campaigns on behalf of or in opposition to any candidate for public office."
Rove depends on Crossroad GPS getting that 501(c)(4) status for one reason. Avowedly political groups, like Crossroads GPS sister organization, the American Crossroads Super PAC, have to disclose their donors; 501(c)(4) groups don't (although that could be changing).
Read more: http://www.huffingtonpost.com/2012/05/07/crossroads-gps-karl-rove_n_1477833.html?ref=politics
cstanleytech
(26,276 posts)BTW anyone wanna buy a bridge I have for sale on the San Francisco Bay? Its got a great view.
bemildred
(90,061 posts)OnyxCollie
(9,958 posts)filed against FreedomWorks, Americans for Prosperity, and ALEC that the IRS will never investigate.
lilithsrevenge12
(136 posts)we know what you do and which governors you own. Just come out of the crooked closet already.
louis-t
(23,284 posts)"At Crossroads GPS, we spend our time working hard to achieve social justice."
groundloop
(11,517 posts)They'll argue their free speech is being hampered by being forced to disclose donors. Of course that's utter bullshit, nobody's telling them they can't keep spewing lies, they'll just have to take credit for their lies (like most of the rest of us non-corporate peoples).
tanyev
(42,541 posts)lsewpershad
(2,620 posts)freshwest
(53,661 posts)Response to Galraedia (Original post)
trusty elf This message was self-deleted by its author.