Monday, December 16, 2013

President Obama's Abuse Of The IRS Continues

Trigger




Targeting Political Opponents


The IRS aims to recategorize specific activities of 501(c)(4) groups as political activity thus denying e.g. tea party organizations their tax exempt status.


Liberal groups registered as 501(c)(3)s are exempted from this recategorization.


Labor unions,, registered as 501(c)(5)s, the by far biggest donors to the Democrats, are exempted from this recategorization.


Lessons Learnt


The IRS code with its bewildering array of 501 organizations should be either repealed or completely rewritten.

This pure public works for tax advisers and IRS federal employees!

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