They slip this one past me, and no doubt many others, probably hidden
deep within the bows of another bill; because, I don't recall it ever
hitting the news, nor do I recall any great debates in congress over the
pros and cons of this tax reform. The last I heard about the need for
PAC reform legislation was the initiative of Senator John McCain, after
his military record of service to our country was trashed by the Bush
Campaign, during his run in the 2000 primary seeking nomination to be
the Republican Presidential candidate.
Regards,
LelandJ
petetheisen wrote:
Leland Jackson wrote:
<snip>
I don't think any churches would try to qualify for exemption under
IRC Section 527. LOL
Whoops, it looks like the Bush Administration has been very busy in
this area of taxation and has amended the tax code to remove almost
all of the reporting requirements of PAC
Hi Leland!
Do you know for a fact that the Bush administration did this? He may
have just signed it once congress passed it.
I think to do everything the Ds accuse him of he would have to be
superman. Not only that, the law applies equally to all pacs, not just
the R pacs.
Regards,
Pete
[excessive quoting removed by server]
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