Tax Bill Could Offer New Way To Funnel Political Cash — And Make It Tax-Deductible
Big-money donors can already donate anonymously through social welfare groups. If Congress keeps a provision in the House tax bill, it would allow charitable organizations to play politics.
Wealthy Americans may get a new conduit for political money in the tax overhaul bill now being reconciled on Capitol Hill.
A small provision in the House version of the bill would let big donors secretly give unlimited amounts to independent political groups — and write off the contributions as charitable gifts.
