Wednesday, May 28, 2014

Is David Koch Getting a Tax Writeoff for Dropping $900K on the Walker Race?

Is David Koch Getting a Tax Writeoff for Dropping $900K on the Walker Race?

"The "charitable" wing of David Koch's Americans for Prosperity has dropped nearly $900,000 on ads to boost Wisconsin Governor Scott Walker's reelection campaign, just days after polls showed Walker tied with his Democratic challenger, Mary Burke.
Incredibly, whomever provided the funding for the ads -- whether it was David Koch himself or a collection of deep-pocketed donors -- can write-off the expenses as a charitable contribution, just like a donation to a neighborhood church or the American Red Cross."