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Mon Sep 24, 2012, 10:54 PM

Eric Schneiderman (New York AG) Defends Authority To Investigate Dark Money Groups

Source: Huffington Post

New York Attorney General Eric Schneiderman is pushing back against two Republican lawmakers who have challenged his investigation into nonprofits that funnel "dark money" into political campaigns and private equity firms that use accounting tricks to avoid millions of dollars in taxes.

In a letter last week, Sen. Orrin Hatch (R-Utah), the top Republican on the Senate Finance Committee, and Rep. Dave Camp (R-Mich.), the chairman of the House Ways and Means Committee, told Schneiderman that his office should "cease its efforts" to request tax information directly from these entities and that he should instead route any such requests through the Internal Revenue Service.

* * *
Some of these nonprofits, which according to the IRS should be "primarily engaged" in promoting the common good and general welfare of the community, are funnelling millions of dollars without any donor disclosure into powerful super PACs that can spend unlimited sums on political advertising. Some of these groups even share office space.

For example, the nonprofit Crossroads GPS, which was co-founded by Karl Rove and spent $58 million on ads through the end of August, is closely linked with the super PAC American Crossroads. But the nonprofit arm of the Republican-aligned group hasn't had to disclose its donors, fueling speculation about what businesses and individuals might be bankrolling it.



Read more: http://www.huffingtonpost.com/2012/09/24/eric-schneiderman-dark-money-private-equity_n_1910840.html



Of course, Republicans in the Senate are trying to obstruct the investigation of right wing dark money groups that are channeling corporate money into the election while also allowing such donors to claim tax benefits.

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Reply Eric Schneiderman (New York AG) Defends Authority To Investigate Dark Money Groups (Original post)
TomCADem Sep 2012 OP
yellerpup Sep 2012 #1
patrice Sep 2012 #2
99th_Monkey Sep 2012 #3
glinda Sep 2012 #4
aquart Sep 2012 #5
spike91nz Sep 2012 #6
DCKit Sep 2012 #7

Response to TomCADem (Original post)

Mon Sep 24, 2012, 10:56 PM

1. That's the AG I voted for!

Go get 'em, Eric!

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Response to TomCADem (Original post)

Mon Sep 24, 2012, 11:06 PM

2. K&R

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Response to TomCADem (Original post)

Tue Sep 25, 2012, 12:36 AM

3. K & R nt

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Response to TomCADem (Original post)

Tue Sep 25, 2012, 01:08 AM

4. K&R

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Response to TomCADem (Original post)

Tue Sep 25, 2012, 05:29 AM

5. Light 'em up, Eric!

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Response to TomCADem (Original post)

Tue Sep 25, 2012, 09:14 AM

6. Must be onto something

or they wouldn't be trying so hard to dissuade him from his efforts to investigate the source of political influence.

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Response to spike91nz (Reply #6)

Tue Sep 25, 2012, 02:53 PM

7. And who invited them to intrude into the business of the NY state AG?

 

He must've hit a nerve.

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