Lois Lerner takes the 5th.

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    Re: Lois Lerner takes the 5th.

    In response to A_Concerned_Citizen's comment:


    There's a problem with that idea. None of these 501 orgs were ever denied tax exempt status. In fact they don't need the IRS's permission to operate as a 501 (c) (4) under the law.

    Turdblossom's American Crossroads has been active for years now without any paper work from the IRS. 

    It's not that they cannot operate but, they have a much more difficult time raising money if, they cannot asolicit as a "non-profit". How many people want to donate to "for profit" companies?

     
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    Re: Lois Lerner takes the 5th.

    In response to A_Concerned_Citizen's comment:

    In response to tvoter's comment:


    You're missing the point, they are non-profits, they can solicit as a non-profit, they can do business as as a non profit and donors still get the tax benefits. 

    A 501 (c) (4) has nothing to do with the incorporation of the business entity, it has to do with how you file taxes.

    The 501 (c) (4) designation is just a pro-forma letter from the IRS, you don't need it to be a 501 (c) (4) or file taxes as a non-profit or operate as a non-profit.



    Ever heard of "fraud" it's a crime that occurs when an organization solicits money and portrays it's self as something it is not; like a non profit 501 organization. There was a 27 month period where conservatives groups were not granted 501 status

     
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    Re: Lois Lerner takes the 5th.

    IRS workers asked conservative groups inappropriate questions about their donor lists. According to The Washington Post, the IRS also stalled on approving applications for groups that wanted to investigate voter fraud. Non-profits with 501(c)(4) status are permitted to advertise for political campaigns.

    That translates to the IRS blocking groups from raising money for conservative candidates and causes. Fundraising is a critical element of election campaigns. By preventing conservative groups from fundraising, the IRS, in effect, may have tainted the 2012 election results.

     
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    Re: Lois Lerner takes the 5th.

    In response to A_Concerned_Citizen's comment:


    Ever hear of proper use of words.

    Fraud is if they file as 501 c but aren't, it has nothing to do with the IRS.

    Social welfare non-profits do not actually have to apply to the IRS for recognition as tax-exempt organizations.

    With all the furor over applications being flagged from conservative groups — particularly groups with “Tea Party,” “Patriot” or “9/12″ in their names — it’s worth remembering that a social welfare non-profit doesn’t even have to apply to the IRS in the first place.

    Unlike charities, which are supposed to apply for recognition, social welfare non-profits can simply incorporate and start raising and spending money, without ever applying to the IRS.

    The first time the IRS hears about these social welfare non-profits is often when they file their first annual tax return, not due until sometimes more than a year after they’ve formed.

    In many cases, the first time the IRS hears about these groups is a full year after an election.




    Its fraudulent for an organization to solicit money from taxpayers as a 501 when they are not.

     
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    Re: Lois Lerner takes the 5th.

    She handled it badly too. If you are going to take the 5th..don't go off and make this grand opening statement. I'm not saying she did the wrong thing legally...just not a very good way to handle it.


    Someday when I am on a witness stand pleading the 5th..you can bet that it's the only words that will come out of my mouth. ( hard as that might be for many to believe..lol).

    She's not a very good speaker from what I saw. Makes you wonder what that college in Western Mass was thinking when they invited her to be their commencement speaker.

     
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    Re: Lois Lerner takes the 5th.

    In response to A_Concerned_Citizen's comment:



    Along with its sister "super PAC," Crossroads GPS raised at least $300 million in the 2012 election cycle.

    http://www.latimes.com/news/politics/la-pn-crossroads-gps-irs-scrutiny-20130520,0,7421747.story

     



    It's take a billion at least to buy/win a POTUS position in the US nowadays.

    How much they raised with their sister PAC is not relevent.

     
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    Re: Lois Lerner takes the 5th.

    K-Y

     
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    Re: Lois Lerner takes the 5th.

    In response to WhatDoYouWantNow's comment:

    In response to tvoter's comment:

    K-Y

    [QUOTE]


    That is not an image I even want to see implied, thank you very much.



    LOL no one does I hope but, i couldnt resist.

     
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