|"Did you lie to your wife?"|
It's strange how "scandal" gets defined these days in Washington. At the moment, everyone is screaming about the "scandal" of the Internal Revenue Service scrutinizing conservative nonprofits before granting them tax-exempt status.Fast forward to 2015 and what we know now about the Bentley administration.
Here are the genuine scandals in this affair: Political organizations are being allowed to masquerade as charities to avoid taxes and keep their donors secret, and the IRS has allowed them to do this for years.
February 2015 – Cooper Shattuck, general counsel for the University of Alabama board of trustees and Bentley's former legal adviser, forms Alabama Council for Excellent Government, a 501c4 group formed to promote Gov. Bentley's tax increase proposals. Shattuck said the organization was formed at Bentley's request but it is not known where the funds to start the group originated. As a 501c4, ALGOV does not have to report its funding sources or expenditures.This is the real scandal
Lost in all the sordid rumor and implication is a rock-solid fact.EYE report.
Rebekah Caldwell Mason, a chief adviser to the governor of the state of Alabama, is paid by unknown entities with money funneled through an opaque non-profit. And that shadowy operation – it doesn't have to reveal its donors -- is set up by people connected to the state's most powerful and politically aggressive institutions.
The real scandal is that:You decide.
The IRS has interpreted our tax laws to allow big corporations and wealthy individuals to make unlimited secret campaign donations through sham political fronts called “social welfare organizations,” like Karl Rove’s “Crossroads,” the U.S. Chamber of Commerce, and “Priorites USA.”
This campaign money has been used to bribe Congress to keep in place tax loopholes like the “carried interest” rule that allows the managers of hedge funds and private equity funds to treat their income as capital gains, subject only to low capital gains taxes rather than ordinary income taxes, and other loopholes that allow CEOs to get special tax treatment on giant compensation packages that now average $10 million a year.