The Voting News Daily: The Voting Wars Could Get Bloody, Could Corporations Take Tax Breaks on Political ‘Dark Money’?
The key electoral battle in 2012 might be less about who you cast a ballot for, than about whether you get to cast a ballot at all. Yes, the voting wars are heating up just in time for the 2012 elections. And between the Justice Department’s opposition to voter ID laws in two states and several other state and federal cases brought against such laws by various civil rights organizations, the battles are only just beginning. The Justice Department has already blocked restrictive voting laws in South Carolina, Florida and Texas, and state suits in response may see the Supreme Court take up a direct challenge to the constitutionality of the Voting Rights Act this year. Read More
The Supreme Court’s 2010 Citizens United decision opened the way for unlimited corporate spending on politics and has led to the proliferation of nonprofit political groups that do not have to disclose the identities of their donors. But corporations may be getting another benefit from anonymous donations to these groups: a break on their taxes. It all starts with the so-called social welfare groups that have become bigger players in the political world in the wake of Citizens United, which knocked down restrictions on campaign activity by such groups. Tax experts say it’s possible that businesses are using an aggressive interpretation of the law to wring a tax advantage out of their donations to these groups. It’s almost impossible to know whether that’s happening, partly because the groups — also known by their IRS designation as 501(c)(4)s — aren’t required to disclose their donors. (That’s why the contributions have been dubbed “dark money.”) Read More
