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Detailed text transcripts for TV channel - FOXNEWS - 20131215:20:21:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20131215:20:21:00

Group under 501c-4 status. the administration came out and said it was necessary and useful because it would clarify what was a confusing rule. we found out house ways and means investigators are now comparing this rule to all of those tax exempt applications from tea party groups that were targeted in the first round. what they're discovering is this rule looks like it was reverse engineered. meaning it appears treasury has taken all those activities that these tea party groups were set up to do and restricted them, and so rather than being a clarifying rule, this rule is as house ways and me...

Detailed text transcripts for TV channel - FOXNEWS - 20131215:20:24:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20131215:20:24:00

Corporations exposed so that they can then harass and intimidate them with campaigns saying we won't boycott -- we will boycott your product if you support these groups. they're afraid that all this money is going to come in and tip the balance against their politics, and so they're going to intimidate these people out of politics with irs rules and with disclosure. >> joe, the president in particular, he's changing his tune, the tone of his reaction to the irs scandal now from when it was first announced when he expressed real outrage. now he's saying something different. >> if he really mean...

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Tea PartyJoe RegoIrs Rules
Detailed text transcripts for TV channel - FOXNEWS - 20131214:19:22:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20131214:19:22:00

That says, a, this is allowed, b, this isn't. what about that? >> one of the reasons that these rules are a bit ambiguous is because who is to say what is social welfare, paul? a lot of these tea party groups, for instance, were set up because they wanted to educate americans about the problems of big debt. okay. is that not social welfare? really, is it for the irs to claim that it's not? another aspect of of this is these rules were designed only to apply to groups acting as social welfare. if you're a 501 c-3 like this a charitable group or more importantly a 501-c-5 which is a union ur sti...

Detailed text transcripts for TV channel - FOXNEWS - 20131214:19:20:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20131214:19:20:00

If you thought irs targeting was a thing of the past, think again. we learned this summer that the agency singled out tea party groups applying for tax exempt status for extra scrutiny. now it looks like they are at it again. attempting to further restrict the political speech of conservatives with new regulations. kim straussal has details. so, kim, you wrote in your column this week about these new irs regulations which they've issued which will focus on so-called 501-c-4 nonprofit groups, that are supposed to be allowed to participate in politics as long as it's not more than 50% of what th...