#super pac
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By Jake Johnson
Common Dreams
Jan. 6, 2024
"Billionaires attempting to influence politics from the shadows should not be rewarded with taxpayer subsidies," said Sen. Sheldon Whitehouse.
Legislation introduced Tuesday by a pair of Democratic lawmakers would close a loophole that lets billionaires donate assets to dark money organizations without paying any taxes.
The U.S. tax code allows write-offs when appreciated assets such as shares of stock are donated to a charity, but the tax break doesn't apply when the assets are given to political groups.
However, donations to 501(c)(4) organizations—which are allowed to engage in some political activity as long as it's not their primary purpose—are exempt from capital gains taxes, a loophole that Sen. Sheldon Whitehouse (D-R.I.) and Rep. Judy Chu (D-Calif.) are looking to shutter with their End Tax Breaks for Dark Money Act.
Whitehouse, a member of the Senate Judiciary Committee who has focused extensively on the corrupting effects of dark money, said the need for the bill was made clear by what ProPublica and The Lever described as "the largest known donation to a political advocacy group in U.S. history."
The investigative outlets reported in 2022 that billionaire manufacturing magnate Barre Seid donated his 100% ownership stake in Tripp Lite, a maker of electrical equipment, to Marble Freedom Trust, a group controlled by Federalist Society co-chairman Leonard Leo.
The donation, completed in 2021, was worth $1.6 billion. According to ProPublica and The Lever, the structure of the gift allowed Seid to avoid up to $400 million in taxes.
"It's a clear sign of a broken tax code when a single donor can transfer assets worth $1.6 billion to a dark money political group without paying a penny in taxes," Whitehouse said in a statement Tuesday. "Billionaires attempting to influence politics from the shadows should not be rewarded with taxpayer subsidies."
"We cannot allow millionaires and billionaires to run roughshod over our democracy and then reward them for it with a tax break."
If passed, the End Tax Breaks for Dark Money Act would ensure that donations of appreciated assets to 501(c)(4) organizations are subjected to the same rules as gifts to political action committees (PACs) and parties.
"Thanks to the far-right Supreme Court, billionaires already have outsized influence to decide our nation's politics; through a loophole in the tax code, they can even secure massive public subsidies for lobbying and campaigning when they secretly donate their wealth to certain nonprofits instead of traditional political organizations," said Chu. "We can decrease the impact the wealthy have on our politics by applying capital gains taxes to donations of appreciated property to nonprofits that engage in lobbying and political activity—the same way they are already treated when made to traditional political organizations like PACs."
The new bill comes amid an election season that is already flooded with outside spending.
The watchdog OpenSecrets reported last month that super PACs and other groups "have already poured nearly $318 million into spending on presidential and congressional races as of January 14—more than six times as much as had been spent at this point in 2020."
Thanks to the Supreme Court's 2010 Citizens United ruling, super PACs can raise and spend unlimited sums on federal elections—often without being fully transparent about their donors.
Morris Pearl, chairman of the Patriotic Millionaires, said Tuesday that "there is no justifiable reason why wealthy people like me should be allowed to dominate our political system by donating an entire $1.6 billion company to a dark money political group."
"But perhaps more egregious is the $400 million tax break that comes from doing so," said Pearl. "It's a perfect example of how this provision in the tax code is used by the ultrawealthy to manipulate the levers of government while simultaneously dodging their obligation to pay taxes. We cannot allow millionaires and billionaires to run roughshod over our democracy and then reward them for it with a tax break."
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Wakka Wakka Wakka “Pac-Man” (1982-83)
#80s#hanna barbera#namco#pac man#animated series#ms pac man#pepper pac man#pac baby#chomp chomp#sour puss#pac land#super pac#pj#ghost monsters#blinky#inky#pinky#clyde#sue#Mezmaron#publicity cel#production art#animation cel#model cel#model sheet
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Bones a totis! 🫡
🇵🇸✊ ATUREM EL GENOCIDI! ✊🇵🇸
El próxim día 16 de decembre us esperem en Crevillent, al concert benèfic en suport al poble palestí que tindrem l'honor de sonoritzar amb Galadriel.
🌟🌟🌟 Participarán 🌟🌟🌟
-Rude Peli
-Rebel Guille
-Rude Sei
-Super Pac
⭐⭐⭐ També contarem amb les actuacions de ⭐⭐⭐
-Tropa Lo Trop
-L'Estoreta
-Antonio Ferrández
-Paula Muñoz
-Tere Priore
-Youssmed
-Francisco J. Torres
-Alfosea
🤔 Organitzen 🤔
-Esquerra Unida Comarcal del Baix Vinalopó
-Colla el Campana
-Ecologistes en Acció Crevillent
🫂 Colaboren 🫂
-Recortes Cero
-l'Ateneu Crevillent
📆📆📆 16 DE DESEMBRE 📆📆📆
⏰⏰⏰ DE 11.00 A 18.00 ⏰⏰⏰
📍🗺️PARC NOU, CREVILLENT, ALACANT
🪙 Aportació mínima: 3€. 🪙
💡 Tots els beneficis son destinats per a enviar ajuda humanitaria per a Palestina a través de les associacions BDS, UNRWA i CAPP. 💡
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¡Buenas a todis! 🫡
🇵🇸✊ DETENGAMOS EL GENOCIDIO! ✊🇵🇸
El próximo día 16 de diciembre os esperamos en Crevillente, en el concierto benéfico en apoyo al pueblo palestino que tendremos el honor de sonorizar con Galadriel.
🌟🌟🌟 Participarán 🌟🌟🌟
-Rude Peli
-Rebel Guille
-Rude Sei
-Super Pac
⭐⭐⭐ También contaremos con las actuaciones de ⭐⭐⭐
-Tropa El Trop
-L'Estoreta
-Antonio Ferrández
-Paula Muñoz
-Tere Priore
-Youssmed
-Francisco J. Torres
-Alfosea
🤔 Organizan 🤔
-Esquerra Unida Comarcal del Baix Vinalopó
-Colla el Campana
-Ecologistes en Acció Crevillent
🫂 Colaboran 🫂
-Recortes Cero
-l'Ateneu Crevillent
📆📆📆 16 DE DICIEMBRE 📆📆📆
⏰⏰⏰ DE 11.00 A 18.00 ⏰⏰⏰
📍🗺️PARC NOU, CREVILLENTE, ALICANTE
🪙 Aportación mínima: 3€. 🪙
💡 Todos los beneficios son destinados para enviar ayuda humanitaria para Palestina a través de las asociaciones BDS, UNRWA y CAPP. 💡
#nine mile sound system#from the river to the sea palestine will be free#reggae#dub#music#sound system#rude peli#rebel guille#rude sei#super pac
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Big wifey
Originally, there wasn't an intention for Abigail to be compatible with the power pellet, it was really just going to be Pac-Man. Like it was only his direct family line that was capable of using the power pellet (so that would mean Jr inherits it) but a friend suggested that she should and now, she can
Explanation for it is prepared
Abigail never actually could use the power pellet but out of curiosity they tried it once. She felt like she had an extreme caffeine rush and almost vomited. It took a while but, with Orson's help, they managed to make a weaker power pellet that acted very similar to the one Pac-Man uses but it doesn't make her nearly as hungry nor does it last as long
#au#art#drawing#digital art#digital drawing#pac man#Pac-Man#pac man art#pac man fanart#ms pac#ms pac man#Pac man Abigail#super pac#namco#retro#retro gaming
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youtube
So, this is a low-profile podcast I listen to, Politics, Politics Politics with Justin Robert Young. The interview he got with Dimitri Melhorn is one of the most insane, chilling, and evil things I've ever seen. Bravo to Justin keeping this guy talking, because he blows the lid off of everything with the democrat financier backing, the superpacs operating on their behalf, their motivations in controlling politics, and the efforts they've already tried, what's succeeded, what's failed, and what they have in mind for the future.
It's easily the most important interview Justin has ever done. I'm not even sure he understands the weight and import of what he has produced here.
#politics#anti trump#democrats#money in politics#super pac#2020 presidential election#2016 presidential election#hillary clinton#donald trump#joseph biden#Youtube
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What in the weird campaign texts is this O_o. Who at this super pac thought this would cause me to donate.
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Greed is good & striking doctors.
Greedy gum drops.
More on Bernie’s book.
I learned yesterday that Jeff Bezos – Amazon founder and owner has around 17 billion dollars in the bank. In 2022 Amazon paid no Federal Income Tax.
It’s funny.
I wrote that sentence, wondering how many zeros equated to 17 billion, then checked the number and saw he has 170 billion.
What’s a zero between friends?
If you were to travel 170 billion miles, you could fly…
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#Amazon#Bernie Sanders#Bezos#Candide#Conspiracy#Jeremy Corbyn#life expectancy#NHS#one per cent#Steven Pinker#Super PAC#Wealth
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HOW DO YOU LIKE YOUR PROPAGANDA?
“There has never been a super PAC that has captured the imagination of the general public like the Lincoln Project.” The Lincoln Project?! Wow. LMAO! “They showed us that you could use storytelling and the power of the internet to punch back, and that you could fight a bully by bringing the fight right to their doorstep.” Is this satire? Is this a mockumentary? “Like the best verité documentary journeys we had no idea where this story would take us, and we hope in presenting this all-American tale of redemption, power and betrayals, that viewers can be entertained and galvanized to be more active in protecting the foundations of American democracy at a time when it is more fragile than ever.” Sounds like a pile of shit. Is anyone gonna watch this crap? Will you? I am bored just reading about it.
#The Lincoln Project#grifters#con artists#greed#money#super PAC#elections#Trump#propaganda#Showtime#America#democracy#television
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Ex-Trump Aide Stephen Miller Subpoenaed In DOJ's Jan. 6 Probe: Report
Ex-Trump Aide Stephen Miller Subpoenaed In DOJ’s Jan. 6 Probe: Report
2022-09-10 21:06:46
Miller, along with ex-White House political director Brian Jack, is reportedly among a group of more than a dozen people linked to Trump that received federal grand jury subpoenas this week.
The subpoenas derive from a federal grand jury inquiry into Trump’s Save America PAC – formed shortly after the 2020 election – and whether or not the group defrauded contributors of…
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VG Cheats n Beatums reruns are back, with a special comic from 2015 where I got to be mean to Sonic YET AGAIN.
more can be read here: http://kcgreenn.com
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Of course Lara Croft is more iconic than Mario, Sonic, Link and the rest, you can cry about it all you want in the replies on Twitter but it's the truth.
She's the most successful woman to ever hit video games.
She jump-started the action adventure genre.
She revolutionised 3D gaming.
She inspired tons of imitations and her likeness (dual pistols, long braid, blue tank top + brown pants combo) continues to be applied to various degrees in female characters to this day.
She has stayed relevant across decades.
She was the very first and only video game character to become a pop culture icon and be treated as a celebrity in the 90s, appearing in magazine covers, advertisements for Séat, Lucozade, Visa etc., touring with U2 and having her own publicist.
She has won multiple Guinness awards.
She has been portrayed by two Hollywood-winning actresses.
Her games have been extremely successful, both critically and commercially, and she has outlived her main and only competitor, Nathan Drake.
Lara Croft IS video games. It's just facts
#Lara Croft#Tomb Raider#Mario#Super Mario#Agent 47#Hitman#Sonic the Hedgehog#Sackboy#LittleBigPlanet#Pac-Man#The Legend of Zelda#Master Chief#HALO#Kratos#God of War#Shadowheart#Baldur's Gate 3#Arthur Morgan#Red Dead Redemption 2#Pikachu#Pokémon#Minecraft#Solid Snake#Metal Gear Solid#Crash Bandicoot#Cloud Strife#BAFTA#BAFTA Games#Video Games#Gaming
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lukewarm take of the evening: y'all care too much about being ""outdated"". fellas this smp moves inhumanly fast. it is ok to CHILL holy shit CHILL. y'all are like "(posts BANGER ART) super late guys sorry" friend i am hitting you with a blanket i am snapping you with my metaphorical towel WHAT DO YOU MEAN SORRY. "(posts BANGER FIC) rip this is outdated now" WHO CARES???? I LOVE YOU, OK. ohhhh woe is us as the fandom at large for having MORE HAPPY PILLS ARC CONTENT oh no how outdated!! how could you be writing speculative fiction about how forever felt during happy pills :( slash SARCASM!! WHAT DO YOU MEAN!!!! THERE ARE SO MANY BANGER ARCS, WHAT, YOU THINK WE'RE COMPLAINING????? FOR GETTING MORE OF THE CONTENT WE LOVED????? oh no we're past the period where everyone thought green gay ninjas were like Dead Dead, my work is now outdated and noncanon :( WDYM. GIMME. A BANGER IS A BANGER IDC IF IT TAKES THREE MONTHS. you think rome was built in a day?? fuck you, baltimore, GIMME. my ass has been cooking a goddamn backflipo family fic since july when it was ALREADY outdated do you think i fear god??? "oh no, you're making an edit of slime's (attempted) egg murdering spree?? how could you, that was months ago it's irrelevant" SAID NO ONE EVER.
save your wrists kidlings ok carpal tunnel is no joke. CHILL!!!!! CHILL!!!!!!!! TAKE YOUR TIME SHEEEEEESH OK LOVE YOU <3
#qsmp#shut up vic#block game brainrot#IT IS OK TO NOT ALWAYS POST SHIT THIRTY SECONDS AFTER IT HAPPENS!!!!!!!#for god's sake we have MONTHS of lore and bangers ok???#i still have a mental image of an art i wish i could make from BOBBY'S NIGHTMARE#HE HAS BEEN GONE FOR M O N T H S and you bet your ass if i can make it I WILL BE POSTING IT#SO. MUCH. SHIT. HAS. HAPPENED. who cares if it was months ago!!!!!!#it's ok to be a few days late!!! it's ok to be a few months late!!!!! don't tell me sorry for feeding me!!!!!!#part of me still lives in I'M NOT HOLDING A FUCKING FUNERAL CHAT#part of me still lives in maxo's final song for his son!!!!#part of me still lives in the day we thought ramón was gone for good#part of me still lives in cellbit sprinting to his son only to be ripped away back to the feds just as richas turns to write a sign#part of me still lives in the flooding of the copacabana ocean#THESE ARE BANGERS. REMEMBER WHEN FIT FOUND PAC E MIKE IN PRISON. BANGER.#oh dear new work expanding on a canon moment i super liked that happened months ago how late smh SAID NO ONE EVER#TWO CAKES!!!!! TWO CAKES MOTHERFUCKER!!!!!!!! WE LOVE PASTRIES DON'T EVEN WORRY ABOUT IT#COME ON Y'ALL. METAPHORICAL KISSES. LOVE YOU. HAVE A GOOD WEEK.#long tags
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