CSPAN3 Key Capitol Hill Hearings June 25, 2014
501c4s do not get 100 deduction. Youre not tax. Not at all . Not a penny. They are tax exempt in the money they receive from taxpayers who have paid their taxes and give them after tax income, they dont count it as profit. They simply spend it on their baffle but they are not tax deductible the way a charity is. Its a very significant difference. It is one of the reasons they can do up to half of their activities in these. These are social welfare groups, not charities. But theyre social welfare groups and they dont get a Tax Deduction. Of . When you give to a 501c4, you do so without a Tax De...