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To: reaganaut1
The administration’s proposal would apply to nonprofit groups organized under Section 501(c)4 of the tax code, which are permitted tax exemption in exchange for devoting themselves primarily to the promotion of “social welfare,” which under current rules can include some political activity.

I'm calling out the B.S. right there. 501(c)3 organizations are engaged in mainly charitable activities and donations to them are not only tax exempt, but tax deductible. They already have a high bar to clear relative to political activities (unless they support Democrats, in which case the rules aren't enforced.)

501(c)4 organizations, such as this forum, only have to show they are not engaging in for profit activities so that donations to them are not taxed. But said donations are not deductible. In effect, the BO administration is seeking to double tax people who donate to places like Free Republic. These donations are non-deductible after tax dollars. Then, they want to tax them again as normal income to Free Republic (or similar organizations) once the donation is received.

4 posted on 11/26/2013 2:53:52 PM PST by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: Vigilanteman

Prime example would be VFP - Veterans for Peace. They’re a 501(c)3 and do nothing charitable as far as I could find (as opposed to the VFW and the American Legion). They’re also very political, with sit-ins at Congressmen’s offices. Even their national president received a less than honorable discharge. As far as I can see, there’s no bar for this group of miscreants.


9 posted on 11/26/2013 3:31:23 PM PST by GreyHoundSailor
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To: Vigilanteman
FR is not a 501 c-anything. From the home page:

Free Republic is not a charity or IRS non-profit organization. We do not raise funds for charitable purposes or causes. We raise funds solely to cover our operating costs, labor, and all applicable state and federal income and payroll taxes.

10 posted on 11/26/2013 3:38:21 PM PST by kristinn (Welcome to the Soviet States of Obama)
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To: Vigilanteman

It’s unenforceable and unconstitutional. This is simply meant to chill the political environment for conservatives.

The government is simply an arm of the DNC... or vice versa.


15 posted on 11/26/2013 5:56:01 PM PST by 1010RD (First, Do No Harm)
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To: Vigilanteman; jimrob
501(c)4 organizations, such as this forum...

Is FR a 501(c)(4)? The address on the home page claims it's an LLC.

Jim?

18 posted on 11/26/2013 5:59:51 PM PST by upchuck (I can't stand people that don't know the difference between 'your' and 'you're.' Their so stupid...)
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To: Vigilanteman; upchuck

We are not a 501c. We are an LLC and pay income taxes on our income. We chose not to participate as a non-profit so the IRS cannot have control over us.


20 posted on 11/26/2013 6:08:27 PM PST by Jim Robinson (Resistance to tyrants is obedience to God!!)
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