The Bogus IRS
"Scandal" is an Actual Supreme Court Scandal
By William Boardman
And Who Is The Poster Boy for Tax Exempt Political Hit Teams?
Karl Rove is the real poster boy for the so-called IRS (Internal Revenue Service) "scandal" of taking a closer look at applications by political organizations seeking a 501(c)(4) tax status that makes them not only tax exempt but protects their donors with anonymity.
That 501(c )(4) is one sweet deal: not only do these organizations get untraceable, tax-free money laundering for their political activities, they gat a taxpayer subsidy to do it.
And it gets better: some of these activities used to be illegal and people working for the Committee to Re-Elect the President (CREEP) -- Nixon in 1972 -- were convicted of law-breaking, as were some corporate donors. In October 2010 in the New York Times, Jill Abramson noted one illegal Nixon operation was run by "a group of Nixon loyalists, some of whom are leading this year's non-profit push."
Early in 2010, Karl Rove, who was with Nixon in 1972, founded American Crossroads, a perfectly legal, openly political, tax-exempt 527 organization, with no limits on the amount or source of their contributions, and no spending limits. Despite these freedoms, 527s were still prohibited from openly supporting particular candidates, and they had to register with the IRS, disclose donors, and file reports.
(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).