The Lake News Online
Surprise! The so-called IRS scandal has nothing to do with taxes!
email print
About this blog
Recent Posts
By Pat Cunningham
May 17, 2013 11:26 a.m.

It’s probably safe to say that many Americans think the current “scandal” at the Internal Revenue Service is about who has to pay how much in taxes.
But that’s not the case, as Steven Rattner MAKES CLEAR:

One of the bigger ironies about the I.R.S. imbroglio is that it had nothing to do with taxes. These newly formed entities didnít seek 501(c)(4) status to avoid taxes ó these groups donít earn profits and therefore donít pay any taxes, regardless of their status. The important benefit that came from achieving 501(c)(4) status was freedom from having to disclose the names ...

Read more

Recent Posts
    Terms of Service

    latest blogs

    • Community
    • National

    Events Calendar