Archive for tax exempt status

Memo to Issa: IRS targeted Progressive groups more than Tea Party, per records

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real IRS scandal

Clearly, President Obama cooked the books in Benghazi while taking over the world with Obamacare in order to produce a new report that makes Darrell Issa look like the lying fool he is regarding the IRS "scandal." Why allow facts to get in the way of a good smear, right Dar?

Speaking of facts, Think Progress is reporting that Progressive groups got more scrutiny from the IRS than did those associated with the Tea Party. Are we surprised? No, we are not.

A series of IRS documents, provided to ThinkProgress under the Freedom of Information Act, appears to contradict the claims by Rep. Darrell Issa (R-CA) and his House Oversight and Government Reform Committee that only Tea Party organizations applying for tax-exempt status “received systematic scrutiny because of their political beliefs.” The 22 “Be On the Look Out” keywords lists, distributed to staff reviewing applications between August 12, 2010 and April 19, 2013, included more explicit references to progressive groups, ACORN successors, and medical marijuana organizations than to Tea Party entities. [...]

[T]he actual IRS records indicate that at least some additional scrutiny was required for groups of all types that had names that sounded political — and that the explicit heightened scrutiny for left-leaning groups was even longer-standing than for Tea Party groups.

Oops. Sucks to be you, Dar. Even on a good day.

chart who the IRS really targeted

Issa has been proven wrong so many times, you'd think they'd come up with a FUBAR Award to commemorate his laughably pathetic achievements. Let's take a stroll down Memory Lane to remind of us of a few of his worst offenses:

-- Rep. Elijah Cummings (D-Md.) stated what many of us have been thinking about Darrell Issa

--Oops! Dems accuse Darrell Issa of leaking misinformation about #Obamacare

--Top Democrats rip Darrell Issa after his document dump endangered Libyans working with U.S., damaged U.S. efforts.

Issa's futile witch hunts-- including sniffing and digging and snooping around Fast and Furious, Solyndra, Benghazi, The Affordable Care Act, and the IRS-- have led straight to nowhere. And they've wasted time, energy, and taxpayer money. He self-servingly leaks partial transcripts only to be called out by his fellow Congress members (when he allows them to speak, that is), and he continues to embarrass himself and what's left of his party.

Time to vote this guy out, California's 49th.

issa

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Super Bowl Or Super Scam?

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SuperBowlStadiumw398h202

Now I know I'm must be wrong -- I'm agreeing with Senator Tom Coburn (R - Oklahoma) on an issue. While I lay down, take a Xanax and wait patiently for the Super Bowl to start, here's what's bothering me. How can I agree with the Oklahoma Republican Senator on anything? He's an insane madman who hasn't had a nodding acquaintance with reality in twenty years. So is my current state of anxiety just a result of the blind squirrel finally finding a nut?

POLICYMIC reports this:

On Sunday, February 2, [today] over 80,000 people will gather in the $1.6 billion MetLife Stadium and over 100 million people will gather around their televisions at home in order to watch the Seattle Seahawks and Denver Broncos face off in Super Bowl XLVIII, the biggest annual charity event in the United States.

How, you might ask, can a $70 million event — one that entices advertisers to drop $4 million for a 30 second spot — be a charity event? Why, because the National Football League, an organization that pulls in millions in annual revenue, is a tax-exempt nonprofit.

Well shut my mouth. The NFL is a nonprofit?

That’s right: tax-exempt. That halftime show featuring Bruno Mars? That Times Square toboggan, and the swooping skycams, and the emergency snow clearing? Your billions of lost tax dollars at work.

Who do we have to blame for this? The IRS? Darrell Issa, if you're listening, this is the real IRS scandal.

You may be wondering how and when did this happen?

Well, the year was 1966, 46 years after the NFL was founded. That’s when, after some clever lobbying in Congress, language specifically designating professional football as qualifying for tax exempt status was sneaked into a wholly unrelated bill and passed through both houses of Congress. Now this status change wasn't for all professional sports, for instance baseball, basketball weren't beneficiaries. Just the NFL.

That brings us to today. Sen. Tom Coburn (R-Okla.) is currently attempting to revoke the NFL’s status. He's questioning (and so should we all) the football league's designation as a tax exempt entity. Major League Baseball and The National Basketball Association are not tax exempt. So what's the story here, fellas?

As a 501(c)6, (the tax code designation for organizations like the Chamber of Commerce), the NFL isn't supposed to engage in business “ordinarily carried on for profit.” Apparently, licensing high priced team logo'd apparel, granting broadcast rights, charging for admission and running an entire television network with advertising don’t count as profitable endeavors. If that's the case, maybe the problems lie in the salary they're paying their commissioner, Roger Goodell -- nearly $30 million a year.

Just for some sense of compensation for other non-profit organizations, places like the Red Cross, colleges, hospitals, museums, even the Bill & Melinda Gates Foundation:

...nonprofit executive compensation, the median salary for executive directors at charitable organizations was a mere $126,000 in 2011.

Does that sound right, or even fair, to you? Not to me.

Well, my Xanax is kicking in right about now and I'm chilling. But I think it's about time we consider a change to the tax laws. This may not go very far as an organization the size of the NFL, with the deepest pockets imaginable, will fight this tooth and nail. But maybe Senator Coburn's swan song, (he's retiring soon) will be he was the man who brought the NFL back down to the level playing field. I sure hope so. Now it's on to the Super Bowl and hopefully a good game.

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Video- Mike Huckabee Complains About Tax-Exempt Status of New OFA PAC

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I think Mikey is confused. Via.

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