Detailed text transcripts for TV channel - MSNBC - 20130515:00:24:00 : vimarsana.com

Detailed text transcripts for TV channel - MSNBC - 20130515:00:24:00

of political advertising in a campaign season. corporations aren't just exxon mobil and so, there are a bunch of people that incorporate as 501 c4s, social welfare organizations, but are going to be getting a lot of adds in and don't have to disclose their donors. the question is, well, these things that say they're 501c4s, the irs has to stay what is the standard, what do you learn about what the irs is supposed to do when faced with this genuinely difficult question. these people say they're going to be a social welfare organization. which side of the line do they fall on? >> here's the main thing i learned from this. the people in cincinnati who are charged with looking at the applications and deciding if a c4 group is going to do permissible political activity, don't themselves understand the irs rules for what is

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