Hillary raising money again

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Do as I say and not as I do - from Need To Know:

Hillary Clinton Launches Unlimited ‘Dark Money’ Group
The failed presidential candidate bemoaned “dark money” on the campaign trail, but now she’s launching a new 501(c)(4).

There is a huge difference between a 501(c)(3) and a 501(c)(4) corporation. Contributions to a (c)(4) are not tax exempt to the donor but they do not have to be itemized in the corporate IRS filings. A business or an individual can contribute to a (c)(4) anonymously. More:

Two-time failed presidential candidate Hillary Clinton officially launched a new organization on Monday, “Onward Together,” with the stated goal of “advancing the vision that earned nearly 66 million votes in the last election.” Put more bluntly, the group’s mission is to advance Clinton’s agenda, which was unable to defeat Donald Trump.

But buried on the donation page is this nugget:

Contributions or gifts to Onward Together, a 501(c)(4) organization, are not tax deductible as charitable contributions or as business deductions.

OK - now let's segue back to October 2015:

By listing itself as a 501(c)(4), Clinton is able to take so-called “dark money,” or money from donors who legally do not have to be disclosed, in unlimited amounts.

In October 2015, during a town hall meeting in Iowa, Clinton called 501(c)(4) groups “unaccountable dark money,” and even used the left’s favorite boogey-men, the Koch brothers, as an example of a group that operates this kind of organization.

Link to video of the event here: Clinton wanted to get 'Dark Money' out of Politics

Like I said at the opening: Do as I say and not as I do

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This page contains a single entry by DaveH published on May 15, 2017 3:44 PM.

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