3/5/07

DLC loses tax exempt status

Scarce over at MLN digs up a real zinger:
DLC loses tax exempt status:
"Via Forbes (subscription only):

In a previously unreported action, the Internal Revenue Service has revoked the DLC's tax exemption on the grounds that it primarily benefited a private group-Democrats, and particularly 'New Democrats' running for or holding office-rather than the community at large. The DLC has sued in federal court to overturn the decision..."

Go read the entire diary because, proving they are right-wingnuts, the story only gets better as the DLC makes their arguments for tax exempt status.

LOL!

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