The Conservative Cave
Current Events => The DUmpster => Topic started by: Freeper on May 26, 2011, 08:50:43 PM
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kpete Donating Member (1000+ posts) Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Thu May-26-11 09:02 PM
Original message
IRS To Take On Karl Rove? Updated at 9:27 PM
Edited on Thu May-26-11 09:21 PM by kpete
IRS To Take On Karl Rove? Tax Laws Could Take A Bite Out Of Secret Political Spending
First Posted: 05/25/11 06:04 AM ET Updated: 05/26/11 04:17 PM ET
Karl Rove's political groups claim to be in compliance with the IRS.
(BUT).............contrary to popular belief, Rove's group has not formally attained 501(c)(4) status. The group's application, requesting the IRS to classify it as a "social welfare" group, is still pending.
(The Huffington Post said the IRS could well deny Crossroads GPS's application)
WASHINGTON -- Top Republican political strategist Karl Rove's method of secretly funneling unlimited contributions from big donors was so hugely successful in the 2010 campaign that Democrats are now trying to copy it. But his model may yet end up backfiring spectacularly.
In one scenario, groups like Rove's Crossroads Grassroots Political Strategies could find themselves subject to massive fines, ranging as high as 35 to 70 percent of the money they received in secret donations.
In another scenario, their deep-pocket donors could be hit by a 35 percent tax on their contributions.
..............
MORE:
http://www.huffingtonpost.com/2011/05/25/irs-karl-rove-...
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x1181861
Just hang in there for 24 business hours DUmmies.
I could go all tinfoil and suggest that Obama may be pulling a stunt like Nixon did, you know using the IRS to go after his enemies. :-)
Jackpine Radical Donating Member (1000+ posts) Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Thu May-26-11 09:07 PM
Response to Original message
1. It would be cool if something like that actually happened.
In today's environment ai'm not holding my breath.
The sting from Teh Rove indictment is still present.
Sonoman Donating Member (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Thu May-26-11 09:08 PM
Response to Original message
2. I normally don't allow myself to get my hopes too high.
But this one is different.
I hope Rove jumps off the Congress Street Bridge.
Sonoman
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Drale Donating Member (1000+ posts) Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Thu May-26-11 09:10 PM
Response to Original message
3. Take the bastard down the same way they took Al Capone down
Maybe he'll get an STD and die just like Capone.
More death wishes from DU.
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Another obama attempt to stifle his opposition.
Clinton used the IRS to punish his enemies.
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Well, federal prosecutors spent 25 business hours today meeting secretly with Rove's attorneys.
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I hate to send our first world country down the path of third world status more than the donks have, Obama in particular, but if I were the next republican president paybacks to the O regime would be prison sentences for the czars and many of the cabinet.
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I hate to send our first world country down the path of third world status more than the donks have, Obama in particular, but if I were the next republican president paybacks to the O regime would be prison sentences for the czars and many of the cabinet.
Can't go after real tax cheats when the IRS is so much more effective at silencing free speech...
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Oooooh, is he gonna be indicted?!?
:tongue:
:rotf: