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Will IRS crack down on secret political donors who aren't paying taxes?

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Donnachaidh Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-13-11 02:35 PM
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Will IRS crack down on secret political donors who aren't paying taxes?
http://www.southernstudies.org/2011/05/will-irs-crack-down-on-secret-political-donors-who-arent-paying-taxes.html


In 2010, independent political groups -- those outside the direct control of either the Democratic or Republican parties -- shoveled nearly $200 million into attack ads for Congressional races.

That was on top of millions in state-level spending in places like North Carolina, where such groups spent more than $2.6 million to influence a handful of legislative races; 75 percent of that was linked to Republican donor Art Pope.

In many cases, the source of the attack money remains a secret because it was funneled through so-called 501(c)(4) nonprofit organizations that aren't required to disclose their donors.

But change may be in the air. According to Ben Smith at Politico, the IRS -- at the urging of good government groups -- may be cracking down on donations to nonprofit 501(c)(4) groups, making them a less attractive vehicle for funneling political money.


More at the link --
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