outlawauron said:
I suppose. |
Well, it is correct. Part of their charter for being non-profit involves using their money to help others. If, now, instead of helping like they've been doing, they say that you have to do X political thing to keep getting the money, it becomes a political contribution. Going by the article's price of $10 million, that is WELL over the limit for a non-profit group to contribute and keep its tax-free status. Personally I think DC should do something like this:
"Fine. You don't want to keep giving us money; instead now you use said money to further your political agenda. Okay, then this year's money is a political contribution. Since you have donated more than the maximum (I believe it is $500K), we're going to have to tax your entire organization. Now, let us see the records of income..."
After all, this wouldn't be the first time that churches have used money politically. And we have a precedent set- in California. Churches there are being audited and losing tax-exempt status for giving too much money to the no on prop 8 people. And I'm sure that DC wouldn't mind the extra tax revenue. (And besides, the lawmakers have their heads screwed on correctly, and see through this ploy; good for them!)
-dunno001
-On a quest for the truly perfect game; I don't think it exists...
