Word: tax-exempt
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Although the group cannot officially endorse candidates because of its tax-exempt status, Potvin says the coalition will work to publicize the views of school committee candidates. The group will also target city council andidates, but feels that its family values platform would be better accepted at a school board level, Potvin says...
Reeves introduced discussion on tax-exempt status, saying that properties owned by universities within the city are continuing to grow in number...
...this comes on top of another effort to cut off the revenue flow to the enemies of the revolution. For months now, liberal lobbyists and nonprofit organizations have been charging that the Republicans are trying to "defund the left" by challenging the tax-exempt status of organizations that both receive tax subsidies and lobby Congress. Such reform might be thought to hit conservative groups like the N.R.A. just as hard as Planned Parenthood and the Sierra Club, but conservative groups actually tend to rely more on private donations and are not so dependent on government funds as liberal groups...
What if Congress held a hearing and nobody came? The American Association of Retired Persons was a no-show when Sen. Alan Simpson (R-Wy.) opened hearings today to question the tax-exempt status of thecountry's most powerful seniors organization. "We are here not only because AARP has drifted from its stated mission of representing senior citizens," Simpson told the Senate Finance subcommittee he chairs, "but also because I believe the evidence is clear that AARP has also drifted considerably from any reasonable description of a non-profit organization." Perhaps as testimony to the financial muscle of AARP...
Japanese officials are seeking to dissolve Japan's Aum Shinrikyo cult. Justice Minister Isao Maeda said he will ask a court to revoke the tax-exempt religious status of the group and ask that it be disbanded for engaging in "serious antisocial activities." Althoughguru Shoko Asahara and other top leaders remain behind barsfacing murder charges in theMar. 20 gas attack on Tokyo's subways, Aum members continue to chant prayers and hand out flyers on the street. Prosecutors are now seeking disciplinary action against Asahara's lawyer for smuggling out a tape-recorded message from the guru. The tapeinstructed members...