It’s probably safe to say that many Americans think the current “scandal” at the Internal Revenue Service is about who has to pay how much in taxes.
But that’s not the case, as Steven Rattner MAKES CLEAR:
One of the bigger ironies about the I.R.S. imbroglio is that it had nothing to do with taxes. These newly formed entities didn’t seek 501(c)(4) status to avoid taxes — these groups don’t earn profits and therefore don’t pay any taxes, regardless of their status. The important benefit that came from achieving 501(c)(4) status was freedom from having to disclose the names ...