I laughed at the video of the IRS workers doing the Cuban Shuffle. After all, how many organizations do team building exercises? However, their use of Star Trek and Gilligan’s Island didn’t make me smile.
As Washington continues to pursue the IRS issue, politicians continue to politicize the event while avoiding the tough question: Do political groups fit the definition for 501 (C)(4) tax exemption as an organization organized for profit but operated exclusively for the promotion of social welfare? Here are examples, and the regulation is below.
The promotion of social welfare does not include direct or indirect participation or intervention in political campaigns on behalf of or in opposition to any candidate for public office. However, a section 501(c)(4) social welfare organization may engage in some political activities, so long as that is not its primary activity. However, any expenditure it makes for political activities may be subject to tax under section 527(f).
This week marked the passing of the last WW II veteran to serve in Congress – Sen. Frank Lautenberg (D-NJ). It’s obvious that the current generation of Congress could learn much from The Greatest Generation, but fat chance of that happening.
On This Week’s Headlines from The Onion
- Gap forced to recall pants after man dies eating 37 pairs of corduroys
- Angelina Jolie stuns on first rollerblading competition since double mastectomy
- Family’s euphemism for genitals really weird
- Company hosts fun night for employees to get drunk and complain
- Vain Galapagos tortoise trying to pass for 90
- Teen declares, “You’re not my real step-dad!”
David Ignatius on Obama and counterterrorism
Americans and financial literacy
The Breadwinning Females from Pew Research
Black/White marijuana arrest gap in charts
Adrenalin: A book review
Comparisons and human cognition
CNN’s Jeanne Moos reports on a moose statue attracting a moose.
I am proud to say that I smiled the first time I saw this Cheerios commercial, thus sadly shake my head at the controversy.
Ohio State University President Gordon Gee put himself in the negative spotlight, so he retired. Good riddance – I never cared for him.
For those needing to know: GEICO’s Hump Day commercial with the camel does air on days other than Wednesday.
I hope to announce the next act of Time: The Musical on the next Monday Morning Entertainment post.
There will be a Saturday Morning Cartoon post this weekend.
As a change of pace, here is a peaceful sendoff into your weekend. Have a good weekend! In the words of Garrison Keillor, Be well, do good work, and keep in touch.