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
one that has the guys with the real badges that can cause you a lot of trouble if you cross their lines, right? that s right. we think the irs should take a very close look at the porous boundaries between the herman cain campaign, between block s americans for prosperity network as well as its prosperity usa, prosperity 101, wisconsin prosperity network. you name a prosperity group, he s founded it in wisconsin the last couple years. it s like whack a mole with the prosperity name. the fact is if they gave $100,000 in advance of mr. cain s appearance there, that would be more than the congress racial equality reported to the irs in 2009 of having received. it s a huge sum. there s a lot of money flowing back and forth. it s murky. who gave block s group, prosperity usa a big, huge loan? how was the money spent? why were they buying private
one that has the guys with the real badges that can cause you a lot of trouble if you cross their lines, right? that s right. we think the irs should take a very close look at the porous boundaries between the herman cain campaign, between block s americans for prosperity network as well as its prosperity usa, prosperity 101, wisconsin prosperity network. you name a prosperity group, he s founded it in wisconsin the last couple years. it s like whack a mole with the prosperity name. the fact is if they gave $100,000 in advance of mr. cain s appearance there, that would be more than the congress racial equality reported to the irs in 2009 of having received. it s a huge sum. there s a lot of money flowing back and forth. it s murky. who gave block s group, prosperity usa a big, huge loan? how was the money spent? why were they buying private jets for the cain campaign?
cope brothers. you remember thspeech that cain gave on friday about prosperity founded by the two oil billionaires, david and charles koch, he embraced the koch brothers saying they re brothers from another mother, getting a big response from the crowd. but the koch brothers and their group of americans for prosperity had financial dealings and was helping to fund prosperity usa. so there does could be or what looks like a money trail going from the koch brothers outfit to the group in wisconsin to the campaign. union groups around the country will be closely watching a critical vote in ohio tomorrow, one that could provide a window to the 20 12 election. the residents will r. being asked to toss out a republican