Interviews with current and former IRS officials outline a roadmap of the tax laws the agency would use in deciding whether to pull the nonprofit Media Matters’ tax-exempt status for stepping beyond its charitable mission of educating the public on conservative “misinformation.”
In a formal petition filed with the IRS on July 27, President George H.W. Bush’s former White House counsel, C. Boyden Gray, has asked the IRS to revoke the nonprofit’s tax-exempt status because its “unlawful conduct” is in “violation” of U.S. tax law, due to its moves to “sabotage” the commercial interests of FOX News and News Corp., its parent, among other things.
(The full petition can be read below.)
Such activities are not found in the scope of nonprofit tax law, former IRS officials and tax lawyers tell FOX Business, which is the sister network of FOX News.
Media Matters did not respond to repeated phone calls and emails over a month-long period asking for comment. Gray tells FOX Business he filed the request “pro bono” and is not on News Corp.’s payroll.
Read More at Fox Business By Elizabeth MacDonald, Fox Business
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Educating the public on "conservative misinformation"? You should read some of the postings on their site. Mean, malicious and written to stir up trouble. Some headlines from today's issue:
Fox Nation Posts Story About Obama's Birthday Celebration Under The Headline "Obama's Hip-Hop BBQ Didn't Create Jobs" …Update: Fox VP Defends Headline …WaPo: Many Comments On Fox Nation "Could Be Considered Racist" …Flashback: Fox's Race-Baiting "Nation" …Fox's Bolling In June: Obama Is Hosting "Hoodlum[s]" In "The Hizzouse"
Fox Pushes "Impossible" Claim That U.S. Could Soon Become Like Greece …REPORT: Fox Hosted Over Three Times As Many Republicans To Discuss Default Crisis Compromise …Tucker Carlson Dismisses Data Showing the '07-'09 Recession Was Far Worse Than Previously Known …Fox & Friends Cribs RNC Doc To Attack Dems For "Pivoting" To "Jobs"
Media Matters non-profit status is history!
Now of some one can just figure out how to eliminate them for eternity?
Answer to Alexia: PRAY!!!