To: PJ-Comix
![](http://www.snoopygift.com/images/snoopy-w-computer.gif)
This sounds like a pretty big deal.
But it will be nothing compared to what will go down when the IRS finally gets around to auditing Jessie Jackass's Rainbow/PUSH organization.
10 posted on
05/11/2003 3:54:13 PM PDT by
upchuck
(Contribute to "Republicans for Al Sharpton for President in 2004." Dial 1-800-SLAPTHADONKEY :)
To: upchuck
The easiest way to corruption/easy accounting foulups is by mixing up the names and functions of a dual-service/dual-named charity organization and a for-profit business:
The owner of the business "gets" to charge profitable activities to the charity "fund raising" arm of the scam (er, "501-C business") -which lowers the taxable "profits" on the business; and the charity gets to charge expenses/losses to the business (which lowers taxes on the business by increasing its "costs") and avoids taxes on the profit-making arm.
If the charity makes money, no one complains. If the business loses money year in and year out, but still pays its "employees" nobody complains - there are no stockholders except the scam artists, (business partners, er, shakedown artists; er, fund-raisers).
But of course, the fact that Jesse has six organizations in one building, all with various linked names to Rainbow/PUSH means nothing is going on illegal, immoral, or fattening.
Only republicans are immoral and steal from the poor by trying to lower taxes.
12 posted on
05/11/2003 5:03:53 PM PDT by
Robert A Cook PE
(I support FR monthly; and ABBCNNBCBS (continue to) Lie!)
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