Posted on October 11 at 1 a.m. ( Suggest removal )
Call it and creature:
Dining and entertainment costs at a country club ARE deductible if claimed as business expenses (but usually not dues).
More egregious are all the luxury "business/conference" trips to hi-flying sites where someone has a presentation to attend or a meeting in between drinkathons on the beach or runs on the slopes. And we're not talking cut-rate mom-and-pop B & B's here.
Posted on October 11 at 12:39 a.m. ( Suggest removal )
THE IRS states that 501(c)4's are:
* “civic leagues or organizations not organized for profit but operated exclusively for the promotion of social welfare,
* "or local associations of employees, the membership of which is limited to the employees of a designated person or persons in a particular municipality,
* "and the net earnings of which are devoted exclusively to charitable, educational, or recreational purposes.”
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A distinction between 501(c)3's and 501(c)4's:
501(c)4s can engage in political campaign activity, so long as this is consistent with the organization’s purpose and is NOT the organization’s primary activity. Rove's groups have NO OTHER purpose than political propaganda.
Posted on October 11 at 12:14 a.m. ( Suggest removal )
Does anyone know if Karl Rove's 501c's, which sponsor these filty lying ads in megabuck amounts all over the country, are doing it as deductions for their "donors"? The (true) 501c's I've worked with and given to are non profits, and giving to them is tax deductible. It means they cannot use their resources for politically biased propaganda. Recently filed complaints with the IRS assert, very accurately that, while “social welfare organization” is the definition of a 501(c, Rove's Crossrads groups is clearly a political advocacy group, one so hell-bent on influencing the outcomes of the 2010 midterm elections, that it may be unprecedented in its manner and amounts. If Rove is grabbing these megamillions under 501c status, that would mean we taxpayers are covering for their evasions and propaganda, and to a very hefty tune. His track recoed already is strewn with illegalities - what he did to Siegelman in Alabama, an honest dedicated public servant, is beyond the pale. Am willing to hear from anyone with knowledge thereof re this - except RAF, who, in his penetrating wisdom, will vote for anyone but Feingold about whomhe apparentlyknows nothing, and whom (RAF)I have promised to engage no more on the issue. - Anyone know about Rove's use of 501c's and their tax exemption capacity?
Posted on October 10 at 11:56 a.m. ( Suggest removal )
Mudsill:
"Term limits, and vote Feingold out."
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Yeah, mudsill, you penetrating psychologist and savvy political, you. And turn the Capital over COMPLETELY to the big corporate Lobbyists; and to their willing, bought off toadies like Boehner and McConnell. GROW UP, child.
Posted on October 10 at 6:39 a.m. ( Suggest removal )
RAF:
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You're probably the biggest govt money grabber in these blogs; which is mostly what I said, and strikes me as grossly hypocritical when you want to cut everyone else on public spending.
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And yes, to repeat: re Feingold with you:
This conversation is defin-a-a-a-a-a-tly over.
Posted on October 9 at 3:29 p.m. ( Suggest removal )
onedayatatime:
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I hear you; have several siblings and cousins (with homes and children) in the same leaking boat which the Repubs only want to make leakier, cutting unemployment extensions, wanting to reduce the minimum wage, undercutting Dem efforts to make credit card companies play fair, resisting efforts to create public work which we need badly, and, most religiously, fighting to keep their filthy rich masters' Bush-boondoggle tax give-aways. Then they say WE are creating class war. Will America please wake up!
Posted on October 9 at 3:14 p.m.
(This comment was removed by the site staff.)
Posted on October 9 at 12:42 a.m. ( Suggest removal )
Not only is income and wealth in America more concentrated in fewer hands than it's been in 80 years, but those hands are buying our democracy as never before -- and they're doing it behind closed doors.
Hundreds of millions of secret dollars are pouring into congressional and state races in this election cycle. The Koch brothers (whose personal fortunes grew by $5 billion last year) appear to be behind some of it, Karl Rove has rounded up other multimillionaires to fund right-wing candidates, the U.S. Chamber of Commerce is funneling corporate dollars from around the world into congressional races, and Rupert Murdoch is evidently spending heavily.
No one knows for sure where this flood of money is coming from because it's all secret.
But you can safely assume its purpose is not to help America's stranded middle class, working class, and poor. It's to pad the nests of the rich, stop all reform, and deregulate big corporations and Wall Street -- already more powerful than since the late 19th century when the lackeys of robber barons literally deposited sacks of cash on the desks of friendly legislators.
Credit the Supreme Court's grotesque decision in Citizens United vs. the Federal Election Commission, which opened the floodgates. (Even though 8 of 9 members of the Court also held disclosure laws constitutional, the decision invited the creation of shadowy "nonprofits" that don't have to reveal anything.)
According to FEC data, only 32 percent of groups paying for election ads are disclosing the names of their donors. By comparison, in the 2006 midterm, 97 percent disclosed; in 2008, almost half disclosed.
Last week, when the Senate considered a bill to force such disclosure, every single Republican voted against it -- thereby revealing the GOP's true colors, and presumed benefactors. (To understand how far the GOP has come, nearly ten years ago campaign disclosure was supported by 48 of 54 Republican senators.)
- - - Robert Reich, Huffpo, 7 Oct 2010
Posted on October 9 at 12:28 a.m. ( Suggest removal )
RAF:
I gave you any number of references, and you obviously are above seeking them out. Have written a good amount about Feingold's record, and you don't seem to find it. You want lobbyist nannies in the Senate and likely, with all Karl Rove's etal's under-the-table Scalia money, will get them.
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For those of you blindies so occupied with protecting the helpless "rich," the big corporates are having record profits and the gap between rich and poor is easily the most extreme of our lifetime. And their rubbing their unctuous paws and slavering greedy drool over what the well-tanned mistress-chasing Lobbyist-prostitute Boehner will do for them when he heads the House.
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And don't ask me to waste my time doing YOUR homework: giving citations and references to asses who won't read them anyhow, and are too lazy and intellectually dishonest to get beyond their own hating-spewing flame-throwers, IS a capital waste of time.
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It's all so very simple: Obama is an umAmerican Communist Nazi Socialist Muslim "jackass" (Limbaugh), and that's that.
No wonder the outside world cherishes us so much. Folks on the outside can see when hate, stupidity, and greed go so unabashedly hand in hand. And those herein, locked by oceans and gulfs on 2 1/2 sides and Mexican haplessness and Canadian forests on the rest can go their blissfully isolationist, propaganda-filled, self-aggrandizing, self-deluding way.
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On Walker says no to federal Medicaid expansion
Posted on February 14 at 3:44 a.m. ( Suggest removal )
Mr Smarty threw away all our Fed $ and jobs to keep us from having railroads, which then went to Illinois etc; and now this, despite all the urging from health care authorities.
When did Wis have such a cruel, clueless clown for guv?