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Actually, Karl Rove’s Group Spent A Lot More On Politics Than It Said (Lied to IRS and his donors)
Business Insider ^ | 11/25/13 | Kim Barker

Posted on 11/26/2013 6:36:10 AM PST by jimbo123

On its 2012 tax return, GOP strategist Karl Rove’s dark money behemoth Crossroads GPS justified its status as a tax-exempt social welfare group in part by citing its grants of $35 million to other similarly aligned nonprofits. (Here’s the tax return itself, which we detailed last week.)

The return, signed under penalty of perjury, specified that the grants would be used for social welfare purposes, “and not for political expenditures, consistent with the organization’s tax-exempt mission.”

But that’s not what happened.

New tax documents, made public last Tuesday, indicate that at least $11.2 million of the grant money given to the group Americans for Tax Reform was spent on political activities expressly advocating for or against candidates.

This means Crossroads spent at least $85.7 million on political activities in 2012, not the $74.5 million reported to the Internal Revenue Service. That’s about 45 percent of its total expenditures.

(Excerpt) Read more at businessinsider.com ...


TOPICS: News/Current Events
KEYWORDS: americancrossroads; crossroadsgps; crossroadsmedia; defundkarlrove; grovernorquist; irs; karlrove; perjury; tokyorove

1 posted on 11/26/2013 6:36:10 AM PST by jimbo123
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To: All

Tokyo Rove busted for diverting donor money to Grover Norquist.


2 posted on 11/26/2013 6:38:01 AM PST by jimbo123
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To: All

Rove tax form here:

https://www.documentcloud.org/documents/835964-990-2012-crossroads-gps.html


3 posted on 11/26/2013 6:39:19 AM PST by jimbo123
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To: jimbo123

you’ve got to be some kind of stupid to pull a financial stunt when you know that your in the irs’s crosshairs. pure arrogance perhaps


4 posted on 11/26/2013 6:40:02 AM PST by jneesy (rough seas make skillful sailors)
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To: jimbo123

Put his Lima bean headed fat self in prison and throw away the key.


5 posted on 11/26/2013 6:41:32 AM PST by LibLieSlayer (FROM MY COLD, DEAD HANDS! BETTER DEAD THAN RED!)
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To: jimbo123

How could they have made a “mistake” like that?


6 posted on 11/26/2013 6:42:24 AM PST by Fido969
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To: jimbo123
I'm sure this pix was photo shopped for some Leftist Rag during the Bush 43 administration. be that as it may, it fits now.


7 posted on 11/26/2013 6:42:56 AM PST by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you.)
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To: Fido969

Relax, it was a gaffe or a snafu.


8 posted on 11/26/2013 6:46:19 AM PST by newfreep (Breitbart sent me...)
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To: All

Report: Karl Rove has been funding Grover Norquist

http://freerepublic.com/focus/f-news/3095608/posts


9 posted on 11/26/2013 6:46:55 AM PST by jimbo123
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To: jimbo123

The turd lied? Color me shocked.

I’m sure it was an honest accounting mistake and he will have his accountants fix this reporting error real quick like.

Yep...I’m sure he’ll get right on it.


10 posted on 11/26/2013 6:47:49 AM PST by conservaKate (R got it wrong in 2012. We must get it right in 2014 & 2016.)
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To: jimbo123

Maybe he and Obozo can get fitted for uniforms at the same time.


11 posted on 11/26/2013 7:09:21 AM PST by Steamburg (Other people's money is the only language a politician respects)
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To: jimbo123

What’s this lefty rag doing with an IRS tax filing from political opposition even if it is Rove’s group ?


12 posted on 11/26/2013 7:10:36 AM PST by mosesdapoet (Serious contribution pause.Please continue onto meaningless venting no one reads.)
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To: jimbo123
Everyone was wondering what the hell happened to Grover Norquist.

Now we know, T.E.A. Party Hater Karl Rove happened to him!!

13 posted on 11/26/2013 7:37:31 AM PST by TexasCajun
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To: jimbo123
GOP strategist Karl Rove

Now that is funny. Explains everything.

14 posted on 11/26/2013 8:18:42 AM PST by hadaclueonce (Because Brawndo's got electrolytes.)
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To: mosesdapoet

I believe Form 990 tax returns filed by non-profits are available to the public.


15 posted on 11/26/2013 8:29:10 AM PST by Madame Dufarge
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