On the recordJune 14, 2016
I just wanted to respond to this idea that the public wouldn't benefit from this. Yes, there are opportunities to develop more disclosure of this information to the public, and certainly the Democrats would like to see that. But the public would benefit from the IRS' getting more information about where this money comes from because it is the IRS' responsibility to determine whether these 501(c)(3) organizations are getting hijacked and taken over by special interest money--potentially foreign interest--and so forth. So the public would absolutely benefit if the IRS, which is the organization that has responsibility for determining whether you should have tax-exempt status or not, can fulfill that function on behalf of the public, and this would make it even more difficult for that agency to do its job in that respect.
