Judy Chu actually said...

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?

Context

Chu highlights tax advantages for billionaires donating to 501(c)(4) organizations.

12/12/2023

https://congress.gov...

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