Fox News ^ | may 13, 2011 | Liz Peek
Posted on Saturday, May 14, 2011 6:07:36 AM by UniqueViews
Not only is the White House pushing an executive order requiring would-be federal contractors to disclose political donations - a proposal so blatantly partisan that even Democrats are crying foul - but now the IRS has climbed aboard by challenging gifts to politically involved not-for-profits.
Scurrying to develop other ways to clamp down on GOP money-raising and influence, the Obama administration also has the IRS scrutinizing gifts made to non-profit groups that have political leanings. The tax authority has sent letters to five wealthy donors questioning, for the first time, the treatment of gifts to such advocacy groups.
President Obama has long been on the warpath against such entities, that are organized as 501(c)(4)s and that have become increasingly powerful vehicles for political activists.
The IRS has gone out of its way to portray this unprecedented inquiry as the labor of two "career civil servants" in the estate and gift tax department, trying to suppress suspicions that the move is politically motivated. Still, the Financial Times calls the move a "radical departure in how tax authorities have treated such 'gifts' over the last 30 years."
(Excerpt) Read more at foxnews.com ...
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