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View Diary: Koch Brothers to Obama: This time it's Personal (167 comments)

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  •  I could be wrong (5+ / 0-)

    but I think one of the elements of Citizens United was that transparency is necessary for PACs.

    If I recall correctly, the problem is that Americans for Prosperity has a different classification and does not fall under the rules of a PAC.  I think some folks have asked that this be investigated.  It would also fall under the jurisdiction of the IRS as there are different tax rules (i.e. regarding if contributions are tax deductible).

    •  AFP is a federally (12+ / 0-)

      designated tax-exempt non-profit organization, under section 501 (c) 3 of the tax code.  Like the Leukemia and Lymphoma Society or your local animal shelter.  Donations to them are completely tax deductible (another benefit for the Kochs and their anti-government buddies) but they are prohibited from using any funds to promote a particular candidate.  They have completely violated these rules here in Wisconsin, spending a fortune directly promoting Scott Walker with misleading ads, and need to have their non-profit status revoked immediately.  If any normal charitable organization took part in these activities, they'd have the IRS down on them like a ton of bricks.  

      "We have to remain constantly vigilant to prevent raids by those who would selfishly exploit our common heritage for their private gain." Harry Truman

      by Helena Handbag on Sun Mar 04, 2012 at 01:17:23 PM PST

      [ Parent ]

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