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Maxine Waters Confirms Obama's Big Brother Database

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Mark
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« on: August 07, 2013, 01:32:08 pm »

Maxine Waters Confirms Obama's Big Brother Database



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Kilika
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« Reply #1 on: August 07, 2013, 05:16:18 pm »

"501c4" ?

http://www.washingtonpost.com/blogs/the-fix/wp/2013/05/13/what-is-a-501c4-anyway/

Quote
What is a 501(c)(4), anyway?

By Sean Sullivan, Published: May 13 at 1:51 pmE-mail the writer


The news that the Internal Revenue Service flagged conservative groups for extra scrutiny has drawn renewed public attention to 501(c)(4) organizations, which play a very influential role in politics. So, what the heck is a 501(c)(4), and why do such groups matter in electoral politics? If you’re curious, keep reading.

What is a 501(c)(4)?

Typically referred to as “social welfare” groups, these are nonprofit organizations including civic leagues or local volunteer fire departments, for example, that in theory are designed to promote, well, social welfare causes. “501(c)” is just the IRS’s designation in the tax code for nonprofit groups, and (4) is the subsection of groups we are concerned with here. There are other types of nonprofits that fall under the “501(c)” umbrella, but they are subject to different requirements.

Here’s the official IRS definition, if you’re interested in reading more.

So where is the connection to electoral politics? Aren’t we talking about social welfare advocacy?

These groups are allowed to to participate in politics, so long as politics do not become their primary focus. What that means in practice is that they must spend less than 50 percent of their money on politics. So long as they don’t run afoul of that threshold, the groups can influence elections, which they typically do through advertising. The above “Colbert Report” segment sheds some more light on the nature 501(c)(4)s.

Give me some examples of 501(c)(4)s.

(cont.)
« Last Edit: August 07, 2013, 05:20:42 pm by Kilika » Report Spam   Logged
Psalm 51:17
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« Reply #2 on: August 07, 2013, 05:20:09 pm »

"501c4" ?

501c4 is pretty much the same thing as 501c3 - I can't remember off of the top of my head at the moment, but I believe some non-religious charity organizations are 501c4.

Either way, whether it's "religious" or "non-religious", it's pretty much all one and the same NFPs, and driven by the same desires(money).
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Kilika
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« Reply #3 on: August 07, 2013, 05:21:23 pm »

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« Reply #4 on: August 07, 2013, 05:38:13 pm »

Just looked up 501c4 - actually, there's a few tweaks from 501c3, BUT somewhat still the same. FYI, here's some info on it...

http://en.wikipedia.org/wiki/501(c)_organization#501.28c.29.284.29

501(c)(4) organizations are generally civic leagues and other corporations operated exclusively for the promotion of "social welfare", such as civics and civics issues, or local associations of employees with membership limited to a designated company or people in a particular municipality or neighborhood, and with net earnings devoted exclusively to charitable, educational, or recreational purposes.[39] An organization is operated exclusively for the promotion of social welfare if it is primarily engaged in promoting the common good and general welfare of the people of the community.[35][40]

501(c)(4) organizations may inform the public on controversial subjects and attempt to influence legislation relevant to its program[41] and, unlike 501(c)(3) organizations, they may also participate in political campaigns and elections, as long as its primary activity is the promotion of social welfare.[42] The tax exemption for 501(c)(4) organizations applies to most of their operations, but contributions may be subject to gift tax, and income spent on political activities – generally the advocacy of a particular candidate in an election – is taxable.[43] An "action" organization generally qualifies as a 501(c)(4) organization.[44] An "action" organization is one whose activities substantially include, or are exclusively,[45] direct lobbying or grass roots lobbying related to advocacy for or against legislation or proposing, supporting, or opposing legislation that is related to its purpose.[46] A 501(c)(4) organization may directly or indirectly support or oppose a candidate for public office as long as such activities are not a substantial amount of its activities.[35][47]

Contributions to 501(c)(4) organizations are usually not deductible as charitable contributions for U.S. federal income tax, with a few exceptions.[48] Dues or contributions to 501(c)(4) organizations may be deductible as a business expense under IRC 162, although amounts paid for intervention or participation in any political campaign, direct lobbying, grass roots lobbying, and contact with certain federal officials are not deductible.[49] If a 501(c)(4) engages in a substantial amount of these activities, then only the amount of dues or contributions that can be attributed to other activities may be deductible as a business expense.[50] The organization should provide a notice to its members containing a reasonable estimate of the amount related to lobbying and political campaign expenditures, or else the organization is subject to a proxy tax on its lobbying and political campaign expenditures.[49] The organization should also provide an express statement that contributions to the organization are not deductible as charitable contributions during fundraising solicitations.[49]

501(c)(4) organizations are not required to disclose their donors publicly.[51] The lack of disclosure has led to extensive use of the 501(c)(4) provisions for organizations that are actively involved in lobbying, and has become controversial.[52][53] Criticized as "dark money," spending from these organizations on political TV ads has exceeded spending from Super PACs.[54][55]

The origins of 501(c)(4) organizations date back to the Revenue Act of 1913, which created a new group of tax-exempt organizations dedicated to social welfare in a precursor to what is now Internal Revenue Code Section 501(c)(4).[56]

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Hmmm...they say they can endorse political candidates, BUT with RESTRICTIONS, just as long as it serves for the purpose of the "common good and social welfare of the people of the community"? Not that I endorse supporting any of these political candidates, but nonetheless it sounds a lot like social justice, which these 501c3 churches nowdays have gotten into.

And the origins go back to 1913? The year the Federal Reserve was created? Hhhhmmm...

Anyhow, just some info - again, a few tweaks(don't get as many tax-deductible gifts as 501c3 and can endorse political candidates, but still are under HEAVY RESTRICTIONS).
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