Posts in Category: Political News

Beneath the Provisions of the Tax Code, Lies a Campaign Financing Dark Channel

Hidden deep in the Republican tax bill is a proposal that will see the Johnson Amendment watered down. The proposal seeks to allow charities and more so churches to engage in open electioneering. The proposal will definitely have a huge impact on the American campaign finance system. Since its inception in 1954, the Johnson Amendment has prevented tax-exempt charitable institutions from using their platforms for endorsing candidates in elections. The greatest fear, however, is that the organizations of charity might be turned into avenues to channel campaign funds to specific campaigns. This, as it is, will go against the reasons for the tax exempt status they enjoy.

The proposals in the tax bill will allow wealthy financiers to make donations to charities in exchange for endorsements of specific candidates. What is more is that the billionaire donors can go ahead and claim tax relief from such donations. While the contributions will be outrightly political, they will not look any different from other charitable donations for tax purposes. The church remains a tax-exempt organization, and the billionaire donor gets to channel campaign funds with a definite tax write off.

Most Americans, however, are not excited by the proposal. There is need to keep campaigns from some specific aspects of society. Not very many religious leaders are excited at the proposal either. This was seen as more than four thousand religious leaders signed a letter in support of the Johnson Amendment. The leaders argued the current status provided by the Johnson Amendment is adequate as it provides churches and other charities a reasonable limit to engage in politics. While church institutions can participate in advocacy to promote a moral agenda, they cannot outrightly tell congregations who to vote for in an election. Up to five thousand not for profit organizations too waded into the debate and signed a similar letter saying the Johnson Amendment adequately protected the integrity of charitable institutions.

As things stand, the Johnson amendment stops dark money from seeping into the campaign system and the idea to allow churches to be used for purposes of introducing dark money into the political system is detestable. As the affront to the Johnson Amendment continued, End Citizens United has had to shift its focus to the Republican tax bill. The Political Action Committee that was formed to fight the Supreme Court decision of 2010 that saw an introduction of dark money into politics, now sees the tax code as an extended affront on campaign financing reforms. While previously the threat of dark money in campaigns was from corporations, a new avenue was opening that includes charities. ECU hopes to mobilize as much support for candidates who will carry out the campaign agenda in Congress and the Senate.

Learn more:http://www.motherjones.com/politics/2011/05/james-bopp-citizens-united/

End Citizens United Fights to Uphold the Johnson Amendment

President Donald J. Trump is about to alter the rules of political campaigning, and most people don’t know it yet. The Johnson Amendment, which has largely separated politics from many NGOs, is under threat of being repealed under the Trump Administration.

What is the Johnson Amendment?

The Johnson Amendment was signed into law in 1954 to prevent the mingling of politics and NGOs. The amendment states that NGOs that are exempted from taxation should not campaign for political parties or candidates in any way. Some of the most notable things included in this category are churches and universities, which are naturally expected to be politically neutral.

The Threat

Early this fall, the Trump amendment took steps to repeal some parts of the Johnson amendment by altering the law’s stipulations in the House Financial Services appropriation bill. Although this did not have much of an effect, President Trump went further to sign an executive order relaxing some parts of the law.

If repealed, tax-exempt NGOs such as churches will be permitted to engage in political campaigns including through financial donations. The greatest fear is that this will bring religion into state affairs, which is considered a setback from what the American Constitution (and most other constitutions of developed countries) stands for. Other fears include the fact that unscrupulous politicians will use churches and other organization for their selfish needs, including transferring money or making political donations tax-free.

The repeals planned by Trump’s administration will not include all tax-exempt organizations – in fact, it mostly focuses on churches, hence the concern about mixing religion and state affairs.

Fighting to Uphold the Johnson Amendment

Although most people have not heard about this, many concerned organizations and individuals across the U.S. have engaged in vigorous campaigns to stop the Trump administration.

End Citizens United is one of the many organizations that have come out in defense of the Johnson Amendment. It has taken several approaches to win the long fight ahead. To start with, it has undertaken a campaign to make people aware of the underlying threat. It has done this by issuing press releases and mobilizing its followers to spread the message. The organization is also lobbying senators to try to deter President Trump and his Republican allies directly.

About End Citizens United

End Citizens United is a political action committee (PAC) that seeks to empower ordinary American citizens politically. It is a grass root organization that relies on the donations and support of individual Americans to further their collective political ambitions.

End Citizens United mostly aligns itself with Democrats as they represent most of its principles: progressiveness, equality, and tolerance, among others. In fact, it has successfully campaigned for the election of several Democratic candidates to the Senate. The organization is so popular that it has been seen as an effective deterrent against big-money politics considering that it collects millions of dollars in donations.Learn more: http://www.politifact.com/personalities/end-citizens-united/

 

End Citizens United Take On President Trump Over Johnson’s Amendement

The political legacy of President Lyndon B. Johnson is often questioned by political experts but few doubt the importance of his contribution as a Senator who made a major impression on the way election campaigns are funded. President Johnson’s Amendment of 1954 has largely remained untouched over the latter half of the 20th-century but has been brought back into the public eye with a series of attacks on the Amendment by Republicans in Congress and The White House. End Citizens United has become increasingly alarmed by the threats to the democratic process being affected by conservative lawmakers at all levels and has taken the step of coming out and declaring its unease with the way the campaign funding rules are being subverted in a stealth-like fashion. Read more on Facebook about End Citizen United.

End Citizens United was founded out of a large amount of support for the protection of the democratic process in the U.S. and a high-level of concern about the way the elections of the country were going. One of the most impressive aspects of the End Citizens United campaign is the way the group has formed itself as a PAC which means the group is not going to accept the millions of dollars on offer from billionaire donors and major corporations who were allowed an almost unlimited range of rights by the 2010 Citizens United Supreme Court decision. Across the U.S. the number of concerned citizens searching for ways of combating the growing unease at the millions of dollars being spent to influence elections has been growing and led many to provide their support for End Citizens United in its fight to reverse the decision of 2010. End Citizens United has been a vocal supporter of many different liberal-leaning politicians looking for election in the 2016 and 2018 election including Elizabeth Warren because of her support for the cause of overturning the Citizens United decision.

The tactics being used by Republicans to bypass the Johnson Amendment have been highlighted by End Citizens United as attempting to sidestep the rules in place without voting outright on the measure. Among the attempts of recent months to make the Johnson Amendment redundant is the inclusion of the measure in the tax reform bill brought to the floor of Congress in recent weeks. A second attempt is to be fought by End Citizens United was put in place when President Trump signed an executive order calling on the IRS not to attempt to enforce JOhnson’s Amendment. The law states all charitable organizations have no right to fund political campaigns or face being stripped of their tax-exempt status. Check more:http://endcitizensunited.org/about/

 

George Soros, Shaping the Future

George Soros has made a name for himself. He is often known for supporting human rights initiatives and good governance all over the world. George Soros was born in Hungary during the Nazi occupation of the Hungarian territories. He fled Hungary to England where he enrolled in the London School of Economics. He got a job as a finance officer at a merchant bank.

According to Forbes, he relocated to New York where he started his hedge fund in 1969 with $ 12 million after joining Wall Street. After a while, the firm was re-branded to Quantum Fund. Years later, Soros still command respect in the investment industry through Soros Fund Management. Through his family office, he owns $30 billion in assets. Soros hired Dawn Fitzpatrick, one of the most prominent women in Wall Street, to manage his Soros Fund Management as its Chief Investment Officer. Since 2000, Fitzpatrick is the seventh CIO. He is also a supporter of the liberal causes and has been a fierce critic of Donald Trump and his policies.

During 2016 United States Elections, Soros re-emerged by giving financial support to the Hillary Clinton and other Democratic candidates and the top bogeyman of conservatives. According to the information obtained from the Federal Election Commission and Soros’s associates through interviews and Democratic fundraising operatives, Soros gave over $25 million to Democratic Party causes. Soros made about $ 24.9 billion through risky currency trading and was expected to provide even more before the voting day.

It was during this particular election period that Soros seemed to have a renewed enthusiasm and combination of faith in Clinton’s candidacy and the pessimism of the GOP candidate rival Donald Trump, whom Soros accused of doing the hard work for ISIS by cultivating fear. According to Soros’ political adviser Michael Vachon, Soros had been giving financial support to the Democratic causes. However, in 2016 stakes seemed to have gone very high. He added that even before Donald Trump being confirmed as GOP candidate, the stakes were high. Vachon highlighted that the other side became opposed to many issues that George cared about and has made efforts to improve for many years. These items include the immigration reforms, religious tolerance and justice reforms.

Read more on Snopes about George Soros.

The 2016 motivation by George Soros to contribute toward the Democratic causes are similar to those in 2004. Soros was genuinely motivated by the opposition to the Iraq War and other Bush Administration policies which led him to support the liberal groups and John Kerry’s unsuccessful challenge to Bush’s return to power. Soros’ powerful inflammatory rhetoric accompanied the spending; he stated that the Bush administration was similar to the Nazis and insisted that defeating Bush as a “matter of life and death.” His opponents attacked him viciously by casting him as self-hating Jew amongst others. Despite the personal attacks on him, Soros has always been committed towards making life better through reforms. Read more on NYTimes.com.

George Soros: The Political Activist

George Soros is recently following up on his political activism after a well-deserved sabbatical. George Soros is a successful billionaire investor with strong Democratic Party affiliations. As on Sept 27, 2016, Soros had donated more than $25 million towards the support of Hillary Clinton Candidacy, various Democratic candidates, and party activities. This support was not the first time. In 2004, he donated $27 million to support Democratic Party campaign on Biography to help defeat President George W. Bush. He had been on the forefront of Democratic Party fundraising activities and causes.

In 2016, George Soros engaged politically compared to previous years. George Soros was concerned about the rise of Donald Trump to power. Donald Trump had used fear extensively throughout his campaign. Soros had faith that Hillary Clinton was the best candidate to lead America and maintain peaceful co-existence of the American metropolitan society, otherwise referred to as the Nation of Immigrants. Soros was himself born in Hungary but immigrated to New York in his early years.

Donald Trump and the Republican Party had extensively expressed hostility towards many issues that George Soros championed for many years. This included criminal justice reforms, immigration reforms, and religious tolerance. The political activism of George Soros was clear in 2016 election campaigns on theatlantic.com. He donated large sums of money to support Hillary Clinton and encouraged other wealthy activists to do the same.

For instance, in 2016, Tom Steyer, the San Francisco environment donated $31 million to support PAC activities and causes. Besides, Don Sussman, the New York hedge fund manager, had given $13 million to support various campaigns and committees at https://www.opensocietyfoundations.org/people/george-soros. Furthermore, the two media moguls Fred Eychaner and Haim Saban gave $11.1 million each to support the Democratic Party activities.

At the end of June 2016, George Soros had given out $7 million to support the super PAC, which had a rich support for Hillary Clinton through the Priorities USA Action program. Besides, Soros had donated $2million to the American Bridge 21st Century. The American Bridge was an opposition super PAC that has been attacking Trump and various Republican Party candidates. Soros donated $5 million to support the activities of Immigrant Voters Win to encourage and increase the voter turnouts of the Hispanic voters in swing states.

By Sept. 2016, Soros had admitted that Donald Trump was going to win the popular vote. However, he was confident that the Electoral College was going to vote out Trump but instead favor Hillary Clinton. This did not happen though since the Electoral College respected the outcome of the popular vote and gave Trump a direct pass to become the next president of the US.

His reaction to Trump’s triumph was that the American people have voted in a con artist as their president. He observed that Donald Trump is a would-be dictator and that Trump’s government epitomizes the formation of an incompetent and extremist cabinet. He sees that Donald Trump pose a great risk to the American free and open society and will endanger the rights of the minorities.