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Saturday, December 9, 2017

Tax bill could make 'dark money' political contributions tax deductible

For the primary time in yankee politics, anonymous "dark money" political donations may become tax-deductible. that is if a provision presently being debated between House and Senate negotiators makes it into the ultimate invoice.

Few policy variations narrowed at Trump meeting with law-makers leaders.

The issue at hand started with the "Johnson modification," named when then-Sen. Lyndon Johnson's 1954 live that prohibits non-profit-making teams WHO maintain untaxed standing, as well as churches and charities, from directly taking part in politics.

But efforts to repeal the Johnson modification have resulted in language that will ease political speech rules for all nonprofits. The results, critics say, may effectively let folks deduct de-facto political donations and any hide those donations and disbursal from the general public.

"This is taxpayer-subsidized "Citizens United,'" aforementioned Ian Vandewalker of the Brennan Center for Justice, concerning the 2010 landmark Supreme Court case that unsnarled campaign finance rules.

The House invoice passed in Gregorian calendar month enclosed a repeal of the Johnson modification, whereas the Senate didn't. Currently, lawmakers square measure at work adaptive  the 2 bills. 

Opponents of the Johnson modification, as well as President Donald Trump and high evangelical leaders, say the law stifles non secular freedom. 

Speaking at the National Prayer Breakfast in February, Trump declared that he "will get obviate, and entirely destroy, the Johnson modification and permit our representatives of religion to talk freely and without worrying of retribution."

Proponents of the Johnson modification describe it as a vital bulwark that shields nonprofits and homes of worship from partisan politics. 

According to Brendan Fischer of the bipartisan Campaign Legal Center, the Johnson modification "protects charities and churches from a number of the pressures related to partisan political activity."

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