Showing posts with label tax. Show all posts
Showing posts with label tax. Show all posts

Friday, July 20, 2012

Laughing at Mitt's Expense: Some Romney Cartoons


Thought I would take it easy while we all wait for the next Romney train wreck. Last week was really NOT his week. I suspect it's going to be a long but interesting summer. 
In the next cartoon we see what Romney's tax returns might actually look like.

Saturday, May 19, 2012

FEMA and the Tea Party: Those Limited Government Blues

(Photo by Laurie Skrivan, lskrivan@post-dispatch.com)
by Nomad
I

n March of this year, when The Federal Emergency Management Agency (FEMA) denied requests for disaster relief from two Illinois towns that had been devastated by a February 29 tornado, no doubt many residents were mighty sore at such lack of empathy from Washington.

FEMA had determined that homeowner's insurance, local charities and state funds could cover those requests. It also noted that according to their analysts, the damage to Harrisburg and Ridgeway did not measure up to requirements for federal assistance. (Photos suggested otherwise.)

Until It Happens to You
The tornado that struck southern Illinois was one of the most powerful twisters in recent decades. With 170-mph winds, the twister killed seven people in the small town of Harrisburg, and damaged or leveled hundreds of buildings.

This kind of disaster is impossible to guard adequately against, especially in terms of property. One minute your life is stable, comfortable and happy and, ten minutes later, the pointy finger of God drags his fingernail through your happy town and leaves you sitting amid broken walls and miles of debris. Of course, if it has never happened to you, to your community, then it would be hard to understand how traumatic it is.


Thursday, May 17, 2012

Loophole: Questions about the 501(c) Tax Exemption for Certain Right-Wing Groups


In the last post, we then asked how the political organization can claim a 501(c)(3) tax exempt status when it is clearly engaged in influencing legislation. 
We’ll now look at the larger issue of the abuse of the loophole by a plethora of right wing groups.


Questions from an Unexpected Source
Not long ago, questions about the misuse of the 501(c)(3) status was brought up by the right wing news site, The Daily Caller, against media watchdog Media Matters for America (MMfA). For some time, Fox News and Media Matters have been at war and clearly, the right wing was willing to try any means to attack the opposition.

The conservative blog, The Daily Caller was founded a couple of years ago by journalist and political pundit Tucker Carlson and Neil Patel, former adviser to former Vice President Dick Cheney. The site decided to take up this question, asking whether Media Matters should qualify for a tax exemption. The question was based on allegations that the organization was privately sharing information with President Barack Obama’s staff. 
What was very interesting was the cool reception. There’s a very good reason for this too. It’s really the right wing’s weakest link. As one source noted:
I had a conversation the other day with a well known conservative who runs a 501(c)(3). His take is that anything used against Media Matters would likely then be turned on similar conservative organizations. In other words, this may be a new front in the political war that we don’t want to open at this point.
Meaning: we won't open this can of worms until we have attained power or until the organizations on the left begin doing it more successfully.