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View Diary: New Update: McCain Message Coordination w/ Anti-Obama VFF - Obama Declines Invite (240 comments)

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  •  VFF is not a 527 (1+ / 0-)
    Recommended by:
    churchylafemme

    they are a 501(c).

    But McCain's conflict of interest policy includes organizations like VFF:

    No person with a McCain Campaign title or position may participate in a 527 or other independent entity that makes public communications that support or oppose any presidential candidate.

    http://www.freejohnwalker.net/

    by berkelbees on Tue May 27, 2008 at 08:08:00 AM PDT

    [ Parent ]

    •  510c4 and 527 (2+ / 0-)
      Recommended by:
      newjeffct, churchylafemme

      The main difference is this:

      A 501 (c)(4) organization generally pays no taxes on its income but it may not offer its donors a tax deduction. These "social welfare organizations" may conduct unlimited lobbying and may engage in partisan political campaign work, but only as a secondary activity.

      A 527 political committee pays no tax on its operating income, but does pay tax on its investment income. Donations to political organizations are not tax deductible. Its main purpose is to influence the selection of candidates for public office.

    •  But VFFPAC (who put out the ad) IS a 527 (0+ / 0-)

      And is listed as the "connected" organization to VFF (a 501(c)4 organization). VFF and VFFPAC were created simultaneously by the same guy, Wayne Zirkle.

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