> On May 19, 11:14?pm, "Con Reeder, unhyphenated American"
><
consta...@bill.perusion.com> wrote:
>> On 2013-05-20, xyzzy <
xyzzy.d...@gmail.com> wrote:
>> > On May 19, 7:19?pm, "Wolfie" <
bgbdw...@gte.net> wrote:
>> >> "Con Reeder, unhyphenated American" ?wrote
>>
>> >> >> Neither of those are 501(c)4 organizations. ?Keep trying.
>> >> > They are 501(c)3, which is essentially the same.
>>
>> >> No, they aren't, simply on the basis of allowable political
>> >> activity.
>>
>> > Right. ?I'm ?an officer in a 501(c)3 organization, and in fact I'm the
>> > one who does the annual filings with the IRS, so I know a little bit
>> > about the requirements and the differences between the different
>> > 501(c) designations. ?To say they are equivalent is simply wrong.
>>
>> > 501(c)3 organizations' primary purpose has to be charitable or
>> > educational, they ?can't do direct political activity, and they aren't
>> > allowed to be funded by a small group of big donors... there is a
>> > "public support" test for 501(c)3s that is pretty stringent and
>> > complicated but boils down to: at least 1/3 of a 501(c)3's funding has
>> > to come from small donations from the general public. ?You can see how
>> > this might be problematic for a political organization that's funded
>> > by a one or a few millionaires and/or corporations.
>>
>> > Unlike 501(c)3s, 501(c)(4) organizations can do political activity as
>> > long as it isn't their "primary purpose." ?But they ?can also accept
>> > unlimited corporate donations or be fully funded by one or a few
>> > donors (there is no "public support" test like a 501(c)3 has to
>> > meet). ?Because of this, donations to 501(c)4s aren't tax
>> > deductible. ? ?So the main ?benefits to 501(c)4 designation, as far as
>> > I can tell, are the ability to keep your funders secret while doing
>> > "minimal" political advocacy, and no requirement to have public
>> > support.
>>
>> > Btw I was technically right but wrong in spirit on OFA. It is not a
>> > 501(c)4 and in fact has no IRS designation.. but has indicated its
>> > intention to operate as a 501(c)4 and file for that status. ?Legally
>> > they can operate for 27 months before filing their paperwork (a
>> > loophole I'm surprised the right-wing groups didnt' take more full
>> > advantage of, but they may have wanted to make sure they had the
>> > designation in hand so they could assure their donors they would be
>> > kept secret. ?If they applied and were turned down, their donors up to
>> > then would be disclosed) . It will be interesting to see what
>> > treatment OFA's application gets with all the light being shined on
>> > this category now.
>>
>> Ah yes, we are parsing now. Big time.
>>
>> I yield to your knowledge of tax-exempt organizations, and have no
>> intention to make an exhaustive analysis thereof.
>
> You could have saved me a lot of trouble just by saying "I claim they
> are the same and have no intentino of learning if that's true or not"
>
>> But to claim that
>> investigating publicly the highly-visible NAACP with lying about
>> targeting hundreds of small tax-exempts is ridiculous in the extreme,
>
> Umm, we know about the IRS targeting because the administration ratted
> it out.
Blatant untruth. We know about it because Congress demanded answers and
the administration had to investigate to shut them up.
>
>> and your attempt to claim that the collective Democratic shit doesn't
>> stink on tax-exempt organizations merely exposes another reek -- that
>> of odious obfuscation.
>
> You're the one who cited Media Matters, which does not do politicking
> like 501(c)4 groups, as equivalent to them.
*splorff*
You claim Media Matters doesn't do politicking? They are a full-service
talking points generator for the Democratic party.
> There are Dem 501(c)4s, sure.. But there are a lot less of them, and a
> lot less money going into them, than the GOP ones. So yes, the GOP
> shit stinks more if for no other reason that there's more of it.
Unions *more* than counterbalance this.
--
Nothing is foolproof to a sufficiently equipped fool. -- unknown