MM was given tax exempt status back in 2006 as a 501(c)(3) charitable organization, meaning it is tax-exempt and can accept tax-exempt contributions.
However, it was given the tax exemption for, according to the Website at the time, "systematically monitor a cross section of print, broadcast, cable, radio, and Internet media outlets that report news or commentary that is not accurate, reliable, or credible "
Since then they have added the underline words systematically monitor a cross section of print, broadcast, cable, radio, and Internet media outlets for 'conservative' misinformation — news or commentary that is not accurate, reliable, or credible and that forwards the 'conservative' agenda.
Which should then, by law, have it's 501(c)(3) status stripped because it's a political agenda driven organization.
All this brought forth by C. Boyden Gray, former Whitehouse Counsel to then President Bush Sr.
This reported on Fox News last night on the O'Reilly Factor.
2 comments:
Why do we the tax payers have to pay for every left-wing org. and cause? Could it be that liberals never dig into their own pockets? Liberals make more money then conservatives but give less then half as much to charity.
Well in this instance, Chris, the left lied about why they want tax exemption. It is also fact that there are more rich liberals then there are conservatives, but of course they want everyone else to pony up the money.
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