thanks for joining me tonight, lisa. thanks for having us on. lisa, what is the tax component, the irs component of this money that went into the herman cain campaign to get it started? well, tax law bars charities like prosperity usa which was founded by mark block, last year, from spending their money to help campaigns. basically to be a bank or a credit card for political campaign like mr. cain s. and so there are significant consequences. the charity could be shut down. there are could be sanctions. we ve asked for both. this was a koch brothers funded group, americans for prosperity, that seemed to put in about $40,000 to the campaign. there was also another $100,000 in here somewhere that they came up with that they gave to a group to have mr. cain go and speak there. so there s a big flow of money that as we ve already talked about on this show could be in violation of the federal election law, but the irs is the
thanks for joining me tonight, lisa. thanks for having us on. lisa, what is the tax component, the irs component of this money that went into the herman cain campaign to get it started? well, tax law bars charities like prosperity usa which was founded by mark block, last year, from spending their money to help campaigns. basically to be a bank or a credit card for political campaign like mr. cain s. and so there are significant consequences. the charity could be shut down. there are could be sanctions. we ve asked for both. this was a koch brothers funded group, americans for prosperity, that seemed to put in about $40,000 to the campaign. there was also another $100,000 in here somewhere that they came up with that they gave to a group to have mr. cain go and speak there. so there s a big flow of money that as we ve already talked about on this show could be in violation of the federal election law, but the irs is the