Monday, January 6, 2014

Kochs Buying Democracy and Americans Willingly Following

Great Washington Post article that raises questions about the tax-exempt status of the Koch-Funded Propaganda front groups that allow generous funding in anonymity.




Koch-backed political coalition, designed to shield donors, raised $400 million in 2012


By Matea Gold, Published: January 5

The political network spearheaded by conservative billionaires Charles and David Koch has expanded into a far-reaching operation of unrivaled complexity, built around a maze of groups that cloaks its donors, according to an analysis of new tax returns and other documents.

The filings show that the network of politically active nonprofit groups backed by the Kochs and fellow donors in the 2012 elections financially outpaced other independent groups on the right and, on its own, matched the long-established national coalition of labor unions that serves as one of the biggest sources of support for Democrats.


Lloyd HitoshiNotre Dame Law School professor who studies the tax issues of politically active nonprofits, said he has never seen a network with a similar design in the tax-exempt world.




A labyrinth of tax-exempt groups and limited-liability companies helps mask the sources of the money, much of which went to voter mobilization and television ads attacking President Obama and congressional Democrats, according to tax filings and campaign finance reports.

Isn't this all very confusing? Wouldn't you think that Gazillionaire Koch Brothers would want to take credit for convincing Americans to vote against their best interests, annoint the Tea Party, supporting candidates for office who do so?


http://www.washingtonpost.com/politics/koch-backed-political-network-built-to-shield-donors-raised-400-million-in-2012-elections/2014/01/05/9e7cfd9a-719b-11e3-9389-09ef9944065e_story.html?wpisrc=nl_pmpol



 
 

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