Detailed text transcripts for TV channel - MSNBC - 20130523:05:03:00
Between the words exclusively and primarily in this context and how changing those words was indeed an irs scandal. a scandal that happened in 1959. section 501(c)4 of the internal revenue code that defines social welfare organizations for tax exempt purposes defines them this way. civic leagues or organizations not organized for profit but operated exclusively for the promotion of social welfare. then the irs code does a magic trick and changes the meaning of the word "exclusively." to be operated exclusively to promote social welfare, an organization must operate "primarily" to further the c...
Source: news source