The 501(c)(3) has long been a favorite instrument for political organizations to funnel money into attack operations. Their expenditures are unlimited where those of political parties face restrictions. They do face certain legal restrictions of their own, particularly not being allowed to make expenditures targeting declared candidates.
After having trolled and outmaneuvering his opposition since the day he announced he has continued to do so since taking office. Well now he has just punked the Democrats and their non-profits masterfully. Trump has filed FEC Form 2 in order to "ensure compliance with the Federal Election Campaign Act".
501(c)(3) non-profit organizations will no longer be able to engage in "political speech" which could be interpreted as affecting the results of the 2020 Presidential election. If they do, they risk losing their non-profit status.
In addition to throwing large amounts of sand into gears of the plans of George Soros and the like it also reflects on his campaign promise to reduce the influence of private special interest groups and their money in Washington.
The bitching and moaning behind closed doors at the DNC and Soros's various operations must be hilarious. I'd bet the blood pressure meds are getting passed out like candy.
Is that the same 501c3 that churches and religious organizations use?
ReplyDeleteOne of those double edged sword moments in the making.
Tax exempt comes with a price. Enjoy.
Papa
If churches are acting in a blatantly political manner then they do so at their own risk. I seem to recall that assholes like All Sharpton and Jessie Jackson are already up to their ears in overdue tax bills. I can only hope that the IRS sends them a final notice bill and warns them that the next step is prosecution for tax evasion.
DeleteSoros related:
ReplyDeletehttp://www.zerohedge.com/news/2017-01-30/hungarian-foreign-minister-accuses-soros-seeking-bring-down-his-government
Papa
Papa, And should be dare set foot in Hungary I hope they charge him with sedition or the like and find a nice dark deep hole to throw him in. Better charge him with reckless endangerment and conspiracy to murder for his admitted actions during WWII. Hold him without bail and freeze access to any and all accounts or better yet, seize them as reparations for fascist war crimes. Use the money for any nation that wants to build walls to keep out and or deport the new Islamo-fascist invaders.
Delete