Fox Business - The Power to Prosper
Search Site

Lyndon B. Johnson

What to Expect at the IRS Hearings

The "social welfare" mission for tax-exempt nonprofit groups certainly covers issues about government spending, government debt, federal taxes, "how the government is run," the Bill of Rights and the Constitution.Those educational efforts are within the letter of the tax law and the IRS code, tax pros say.So why did the IRS zero in on nonprofit applicants with the words "Tea Party" or "patriot" in their names for doing just that, rejecting their tax-exempt status for educating the public on issues that affect all taxpayers? Why did the IRS start applying a new political test in January 2012, according to the Washington Post , for these "social welfare" groups that apply for tax-exempt status?Did the IRS also do a deep dive of left wing groups with the words "progressive" or "move on" in their names, as Rep. Daryl Issa (R-Calif.) asks?"Unfortunately, it appears as though the IRS looked only at conservative groups applying for the exemption, an inexcusable mistake," The New York Times no...

Read More

  1. The Regulatory Catch-22 of Legalized Marijuana

    While voters in Colorado and Washington legalized the recreational sale and use of marijuana, the federal restrictions on drug use are setting up a regulatory nightm...

  2. Breaking Down Obama’s Virginia Victory

    FOX News Contributor Pete Snyder on the president’s victory in The Old Dominion State.

  3. Pres. Obama Defeats Mitt Romney

    FBN’s Diane Macedo breaks down the stories moving the markets around the world.

  4. Election: Choice Between Big and Small Government

    Judge Andrew Napolitano on the different points of view the candidates have on the size and role of government.

  5. “Killing Kennedy ” Hits Bookshelves

    FNC’s Bill O’Reilly on the release of “Killing Kennedy ”.

  6. Will Higher Taxes Help the Economy?

    First Trust Advisors chief economist Brian Wesbury weighs in on the tax-hike debate.

  7. Will Obama’s Speech Give a Boost to His Campaign?

    Presidential Historian Douglas Brinkley on the President’s speech at the Democratic Convention.

  8. Knight Capital Appoints Three New Directors

    Knight Capital (NYSE:KCG), which is on the hook for millions of dollars in charges related to a technical glitch in its software on Aug. 1 that led to erroneous trad...

  9. Faced with Crisis, Congress Walks

    The fiscal cliff and what will really happen when it is reached is actually not the biggest thing in the news. The biggest thing this week is whether VP Joe Biden wa...

  10. Bill O’Reilly Tackles Kennedy Assassination

    FNC’s Bill O’Reilly on his next book, “Killing Kennedy ”.

  11. Would Rep. Ryan's Plan 'End Medicare As We Know It?'

    Leo Hindery of Intermediate Partners on Rep. Ryan's plan for Medicare.

  12. Fed’s Fisher: Congress is the Only Game in Town

    Dallas Federal Reserve President Richard Fisher on what Congress needs to do to boost the economy.

  1. America's 10 Richest Presidents

    Three years ago, 24/7 Wall St. published the net worth of every American president, from Washington to Obama. We have updated our numbers to reflect the earnings of ...

  2. The President Parties After Inauguration, But Will the Economy?

    Political strategist Paul Begala on what to expect during the president’s second term.

  3. Stossel - 1/3/2013

    Freedom 2.0: Examples of how markets regulate better than government

  4. Bringing Government Secrets to Light

    Author Chris Horner on the secrets being kept in the White House.

  5. Rep. Burgess on Fiscal Cliff Negotiations

    Rep. Michael Burgess, (R-Texas), on efforts to avoid the fiscal cliff.

  6. Lincoln Makes a Comeback on the Big Screen

    Presidential historian Doris Kearns Goodwin on the adaptation of her book into the hit movie, “Lincoln”.

  7. Medicaid: What it Means and How You Qualify

    Unless you actually receive Medicaid, chances are you don't know much about this unique social safety net that provides health insurance to some 60 million poor Amer...

‹ Prev12345Next ›
Freebase CC-BY
Source: Lyndon B. Johnson on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL