When workers who claim the Earned Income Tax Credit are audited, they’re less likely to claim the credit, a powerful anti-poverty tool, in the following years.
Internal Revenue Service
Posted inMoney, Politics, and Power
Should ‘Dark’ Money Power the Resistance to Trump?
Many anti-Trump groups have organized themselves as nonprofits, a move that could draw IRS scrutiny and undercut Democrats’ transparency message.
Posted inMoney, Politics, and Power
How Plutocrats Cripple the IRS
You pay more because elites use their influence to pay less.
Posted inMoney, Politics, and Power
Karl Rove’s “Dark Money” Machine Is Now Tax-Exempt. Here’s Why That Matters
If it wasn’t clear that the Internal Revenue Service has no intention of regulating politically active tax-exempt groups, it should be now. On Tuesday, news broke that the IRS awarded tax-exempt status to Crossroads GPS, a purported “social welfare” group that constitutes one-half of the big-spending political network masterminded by GOP operative Karl Rove. The […]