BUSINESS
May 14, 2013 | Michael Hiltzik
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. 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. The bottom line first: The IRS hasn't done nearly enough over the years to rein in the subversion of the tax law by political groups claiming a tax exemption that is not legally permitted for campaign activity.
BUSINESS
October 2, 2012 | Michael Hiltzik
Who's the most influential billionaire business figure in national politics? If you answered one of the Koch brothers (Charles or David) or George Soros, you're wearing your partisan blinders. The former are known for their devotion to conservative causes, the latter to liberal. In either case, you're wrong. The most influential billionaire in America is Peter G. Peterson. The son of Greek immigrants, Peterson, 86, served as Commerce secretary under President Nixon, then became chairman and chief executive of Lehman Bros.
NEWS
July 23, 2012 | By Kim Geiger
After more than a year of needling the Internal Revenue Service to tighten standards for election spending by nonprofit groups, advocates for campaign finance reform may have finally provoked the agency to make a change. Crossroads GPS on the Republican side, Priorities USA on the Democratic side and other, similar, groups have taken advantage of a provision of the tax code that allows them to shield the names of their donors from public view. The provision, Sec. 501(c)4 of the code, was originally written for groups whose purpose is to promote social welfare, including local cultural preservation committees or community associations, but because of the anonymity it allows, it has become the favored way to set up entities that seek to influence elections.
CALIFORNIA | LOCAL
July 6, 2012 | By Maura Dolan, Los Angeles Times
Parents who transport a youngster without a car seat and lose the child in a fatal traffic accident may have their surviving children removed by social welfare authorities, the California Supreme Court decided unanimously Thursday. The state high court ruled in favor of Los Angeles County social workers who placed two young boys in foster care after their 18-month-old sister, held on the lap of an aunt, was killed when a driver ran a stop sign and plowed into the car their father was driving.
NEWS
November 2, 2011 | By Kim Geiger, Washington Bureau
Americans Elect, a nonprofit group that has set out this year to secure a spot on the ballot in all 50 states for an alternative to the Democratic and Republican presidential tickets, has gathered 1.9 million signatures from individuals who support the idea. The group announced Wednesday that it has qualified for the Ohio ballot and is awaiting certification in California, Utah, Hawaii and Arkansas. It has already gained ballot access in three other key swing states - Florida, Michigan and Nevada - as well as Arizona, Alaska and Kansas.
OPINION
October 31, 2011
Mention "social welfare organization" and the last thing that comes to mind is a group that expends millions of dollars to influence a federal election. But Crossroads GPS, which spent more than $17 million in 2010 to elect Republicans to Congress, claims to be a social welfare organization — which gives it tax- exempt status and allows it to conceal the identities of its donors. Now two campaign-reform groups have written to the Internal Revenue Service challenging the right of Crossroads GPS and three other organizations to 501(c)