Do Lawmakers Actually Read The Laws?
(Let's update this post, which I first made in June...Via HuffPost: "Rep. Chris Van Hollen (D-Md.), the ranking member of the House Budget Committee whose office announced the action, will serve as lead plaintiff in the case, joining campaign-finance watchdogs Democracy 21, the Campaign Legal Center and Public Citizen.
The lawsuit will address one of the main concerns that surfaced with the recent IRS targeting controversy: Differences between federal law and the IRS rules on eligibility for 501(c)(4) candidates.") Like I've been saying for 3 months, this is NOT a scandal.....
(1954 Tax Law regarding 501(c)(4) Tax Exempt Status for Organizations:
“exclusively for the promotion of social welfare”
From IRS.gov (1959 Tax GUIDELINES regarding 501(c)(4) Tax Exempt Status for Organizations:
“primarily for the promotion of social welfare”
This is the guideline the IRS has been following since 1959.
Look most of us are ordinary Americans who do not read Tax Code and IRS Guidelines. We trust our elected representatives to do that and make laws accordingly. There is a HUGE difference between "EXCLUSIVELY" and 'PRIMARILY."
The only problem with that scenario is that no one seems to be reading the law as it was originally written in 1954. It was changed from "...if it is exclusively engaged in social welfare activities" to "if it is primarily engaged in social welfare activities" in 1959 not in the actual law, but rather in the IRS Guidelines.
Many political groups liberal and conservative have been abusing this law since 1959, gaining tax exempt status because the word "primarily" suggests that a group can also perform a minimum of Social Welfare activities and qualify for these tax ememptions.
The Tea Party and conservative organizations that were "targeted" by the IRS because their names contained conservative-friendly names should never have been given these exemptions in the first place. Organizing For America and the James Carville group should also be held accountable if they have been abusing this "IRS GUIDELINE."
ALSO...No one was denied these illegal exemptions by the IRS anyway.
So what do we have? We have 6 congressional hearings going on about this "SCANDAL."
What a joke. We the people are paying our tax dollars to a government body to waste those tax dollars for hearings that should not even be going on.
Paul Ryan (R-WI) is a policy geek. He should know that this is an exercise in futility. Yet he chides his fellow congressmen in these hearings with a snide "Welcome to Washington."
Here is what needs to happen and SOON. No political organization should be given tax exemptions as a 501 (c)(4). These organizations are political, not for "Social Welfare."
Boys and girls, the jig is up!