To: Southack
The importance of the tax exempt status is not so the NAACP avoids paying taxes on profits (as a non-profit it technically doesn't have any) but so the people who contribute to it can take the money donated off of their taxes.
If the NAACP was deemed to be a political action committee they would receive a lot less money.
16 posted on
01/31/2005 11:24:55 AM PST by
Purple GOPer
(If you can't convince them, confuse them)
To: Purple GOPer; libstripper
Nice point about NAACP donors caring about their tax exempt status.
Thanks for that additional wisdom.
18 posted on
01/31/2005 11:41:37 AM PST by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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