Tax bill could make 'dark money' political contributions tax deductible
Source: CNN
(CNN)For the first time in American politics, anonymous "dark money" political donations could become tax-deductible. That's if a provision currently being debated between House and Senate negotiators makes it into the final tax bill.
The issue at hand started with the "Johnson Amendment," named after then-Sen. Lyndon Johnson's 1954 measure that prohibits nonprofit groups who maintain tax-exempt status, including churches and charities, from directly participating in politics.
But efforts to repeal the Johnson Amendment have resulted in language that would ease political speech rules for all nonprofits. The results, critics say, could effectively let people deduct de-facto political donations and further hide those donations and spending from the public.
"This is taxpayer-subsidized "Citizens United,'" said Ian Vandewalker of the Brennan Center for Justice, referring to the 2010 landmark Supreme Court case that loosened campaign finance rules.
Read more: http://www.cnn.com/2017/12/08/politics/tax-bill-dark-money-political-contributions-tax-deductible/index.html?sr=twCNN120817tax-bill-dark-money-political-contributions-tax-deductible0640AMVODtop
= new reply since forum marked as read
are just fucked.
But if your a fucking Koch's, Pope, Devos, Adleson, Billy Graham Ministries, 700 Club, ect...............................you made the grade, you get your's while we lose ours...............................time to make some calls and show up at the offices of these right wing fascists offices-----------we are at war
as of yet register to vote, have driver license...............
