joobz
Tergiversator
- Joined
- Aug 31, 2006
- Messages
- 17,998
Per the IRS, a 501(c)(3) tax exempt organization is "may not participate in any campaign activity for or against political candidates."
The argument that their putative war against Fox news would threaten their tax exempt status would be the assertion by MM that Fox News is affiliated with the GOP and that their attack on Fox News is thus their attempt to attack a political party, which (it would then be argued) is the functional equivalent of participating in campaign activity against GOP candidates. If there is actually an official political race going on (ie declared candidates, etc) then I think that the argument is a good one and MM would be risking it's tax exempt status.
But doesn't such an argument result in the direct official admission that Fox, itself, is a biased news organization geared towards promoting Republican Candidates?
