So, in effect, a billionaire can receive a massive tax break for donating appreciated stock to a 501(c)(4) that seeks to influence our politics and elections, while also avoiding the public disclosure rules that apply to 527 organizations like PACs. Correct?
On the recordDecember 12, 2023
Source
congress.govEditor's note · Context
Chu highlights tax advantages for billionaires donating to 501(c)(4) organizations.
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