“The Republican Jewish Coalition and similar organizations enjoy tax-exempt status in exchange for promoting social welfare.  Forget super PACs, their much-hyped cousins, which can take unlimited contributions but must name their donors. More money is being spent on TV advertising in the presidential race by social welfare nonprofits, known as 501(c)(4)s for their section of the tax code, than by any other type of independent group.  As of Aug. 8, they had spent more than $71 million on ads mentioning a candidate for president.”

http://www.rawstory.com/rs/2012/08/19/how-nonprofits-spend-millions-on-elections-and-call-it-public-welfare/

Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

Donate via Installed Wallet Copy