Word: exempted
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...know, one way they stopped churches from getting into politics was Lyndon Johnson, who passed a law that said you couldn't get in politics or you're going to lose your tax-exempt status, because they were all opposed to him when he was running for President. That law we're trying to repeal. It's very difficult to do that, but the point is, when they can knock out a leader, then no other leader will step forward for a while, because they don't want to go through the same thing. If they go after...
...Kong Basic Law—a constitution underpinned by a treaty between China and Great Britain—Tsang’s duties as Chief Executive of Hong Kong are to head the Hong Kong Special Administrative Region of the People’s Republic of China, an area exempt from the socialist system and policies...
...achieve something that ambitious would require three commodities prized in Washington: visibility, access and lots of money. In this case, those ingredients came together in June 2001 in the form of a tax-exempt charity--the Korea-U.S. Exchange Council (KORUSEC), which Buckham's firm formed and Kim funded. But if KORUSEC's goal was to make important people start paying attention to Kim, it may have worked too well. KORUSEC is one of a number of nonprofit organizations that have been caught in the controversy that now surrounds DeLay, who's facing questions about his fund raising...
KORUSEC finds itself in the spotlight just as tax-exempt groups are coming under new scrutiny. The Senate Finance Committee last week opened a probe into the charities set up by lobbyist Jack Abramoff, who is already under investigation on separate matters by another committee and the Justice Department. One issue is whether Abramoff improperly used nonprofits to pay for overseas trips to places other than South Korea for DeLay and House Administration Committee chairman Robert...
...some tax-exempt organizations, the question is whether their charitable works are an end in themselves--or a means to one. KORUSEC's stated goals included working for peace on the Korean peninsula and building stronger ties between U.S. and Korean leaders. But KORUSEC strengthened Kim's own ties in Washington as well. As chairman of KORUSEC, Kim--virtually its only donor--was host to a procession of congressional delegations through Korea, sat in the House gallery as DeLay's guest of honor at President Bush's 2003 State of the Union address and later that year met with Vice...