Francesco Abbruzzino is the sole poster on The Scoop News, it is truly a one man operation. I operate this site with a fresh perspective on news, opinions, and local unvetted scoop. If you have any scoop send it to him at email@example.com and yes, you can be anonymous.
As Americans Argue Over Russia, US Gov’t Quietly Allows ‘Dark Money’ Groups to Keep Donors Secret – Free Thought Project
The U.S. government will no longer force “dark-money” groups or certain tax-exempt organizations to disclose their financial donors.
While politicians and mainstream media outlets obsess over President Trump’s recent press conference with Russian President Putin, the United State Treasury quietly announced that it will no longer force “dark-money” groups or certain tax-exempt organizations to disclose their financial donors.
While traditional charity groups must still disclose donors in order to receive tax-exempt donations, the change allows labor unions, nonprofits and issue advocacy groups to be free from being forced to adhere to confidential disclosure requirements.
In a statement praising the new rule, U.S. Treasury Secretary Steven Mnuchin said, “Americans shouldn’t be required to send the IRS information that it doesn’t need to effectively enforce our tax laws, and the IRS simply does not need tax returns with donor names and addresses to do its job in this area.”
Mnuchin attempted to paint the shift as a good thing by claiming that “it is important to emphasize that this change will in no way limit transparency.”
Senate Majority Leader Mitch McConnell insisted that the new rules will keep Americans from being “bullied for exercising their First Amendment rights,” alleging that individuals could be fired from their jobs or bullied if their political donations are made public.
Read the rest of this article at: As Americans Argue Over Russia, US Gov’t Quietly Allows ‘Dark Money’ Groups to Keep Donors Secret
Don’t let Twitter and Facebook control or decide what shows up in your news feed. You can do this by just joining my The Scoop News group and turn on your notifications. You will never miss The Scoop, just click here and join: https://www.facebook.com/groups/veniceflorida/?ref=bookmarks