US political spending getting more secretive with IRS change
Political spending in the U.S. is about to become even more secretive after the IRS this week dropped a requirement that many nonprofits have to provide lists of their major donors.
John Pudner, executive director of Take Back Our Republic, a conservative group that calls for election spending transparency, has been pushing for regulations on credit-card campaign donations, arguing that they make it easier to hide foreign contributions. Dropping disclosure requirements for the IRS is a step in the wrong direction, he said.
“Anything that looks like an easy way to funnel money illicitly,” he said, “is logically going to lead to more money.”
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