Posted: 05/24/13 23:09
by Dave Mindeman
I got my latest Taxpayer's League e-mail. Of course, they trashed the just ended legislative session. However, I guess this must be a social welfare benefit for Minnesota, because the Taxpayer's League is classified as one of those IRS targets - the 501(c)4.
But here is something I did not know - the following came with contribution request (pay attention to the last line) ....
P.S Don't forget that as a 501(c)4 Non-Profit, the Taxpayer's League is able to accept corporate donations and we are not obligated to file disclosure statements about our donors. You can make a tax-deductible (approx. 90%) corporate contribution to the Taxpayer's League of Minnesota through your business using the link below!
Hmmmm...
To classify the Taxpayer's League as a "non-political" entity is a tough carrot to swallow, but they have maintained this status for years.
The idea that a corporation can give them a huge sum of money....and never have to have their identity disclosed, AND IN ADDITION, they get to deduct that same contribution from their tax liability.
Wow.
That, ladies and gentleman, is a tax provision with balls.



