140 foundations funneled almost 600 million dollars to about 100 climate denial organizations since then. You can funnel money to a 501C4 that funnels money to that political action committee. Chuck: Yeah, but it's still having the same effect, the same outcome.
501C4 organizations have more power than 501C3 organizations to affect social change, as they can engage in unlimited lobbying and use resources to support or oppose political candidates. While donations to 501C4 organizations are not tax deductible, donors may not be affected by this due to the limited tax benefits of charitable contributions under the Tax Cuts and Jobs Act.
The tax code introduced in 1913 included a section called 501(c)(4) organizations or social welfare organizations, that are tax-exempt, non-profit organizations that can accept donations. These organizations have played a significant role in shaping politics, including labor unions.
Eric Prince and David Clarke have reportedly joined together to form a 501C4 dark money group. This alliance raises concerns regarding the transparency and accountability of money in politics.
According to press freedom tracker statistics, press in Portland have been assaulted more frequently than press in any other city. The air quality in the city has also begun to worsen due to the use of chemical munitions and tear gas.
The Supreme Court has ruled that political contributions are a form of political speech and therefore should be protected under the constitution. However, they have also emphasized the importance of transparency in political donations.