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That's how you should look at it. study the charity as if you were studying an investment. is it a quality charity? is there bang for the buck? if i give them $10,000, do they spend $9,700 of it on a luxury office or do hungry children get fed with most of that? so look at the ratio of administrative fees to actually what goes to the ministry or to the actual use of the people. and study the quality of the character and the leadership just like you were studying a company to invest in it. >> very quickly, you can donate property and stocks below market value and get a tax writeoff, right? >> a...

Out at me. you tell me whether this is new, allowing people whose mortgages are underwater to deduct the losses from the sale of their home, so it's a tax writeoff now, the loss, if you're underwater? >> helping that person who whose mortgage is underwater is not new, this idea's been advanced, i give the senator credit for that. megyn: how about corporate tax rate being cut in half to a of half rate of 17.5. that's lower than romney wants it. >> yeah. and, unfortunately, it's not lower than the effective rate corporate america is paying -- megyn: once they have all their writeoffs. we tax the...

Company like fox news and news corp. you have a company free of federal taxes. people can donate to and have a tax writeoff and classified as educational charity by any conventional standard doesn't meet any of those metrics. >> reporter: internal memos obtained by "the daily caller" media matters considered direct attacks on fox news including the possibility of hiring private investigators to delve into the personal lives of hosts commentators and executives. they say those kinds of activities stretch the boundaries of what a tax-exempt organization should be doing. >> you may advocate a par...

Since then the organization has made it clear it's using resources to attack various media outthreats including fox news. >> this is taking a government subsidy to attack a for-profit company like fox news and news corp. so you have a company free of taxes that people can donate to and have a tax writeoff. by any conventional standard it doesn't meet the charity measures. >> reporter: it includes the possibility of hiring private investigators to delve into the private lives of hosts, and company executives. >> when you start to declare war on a media outlet. when you start to accuse fox

Matters' 5013 c tax exempt status. this is basically taking a government subsidy in order to attack a for profit company like fox news and newscorp so you have a company that's free of tax -- federal taxes, people can donate to and have a tax writeoff and is classified as an educational charity but any conventional standard, doesn't meet any of those metrics. as you noted, we reported there was a memo circulated in 2009 encouraging them to send private investigators after fox news staffers. not just anchors, we're talking producers at fox news. >> we saw another memo where there's an enemies l...