NEWSMAX: …The Internal Revenue Service and the Treasury Department proposed new rules that they said would prohibit such groups from using “candidate-related political activity” like running advertisements, registering voters or distributing campaign literature as activities that qualify them to be tax-exempt “social welfare” organizations…
The rules would become final after a lengthy comment period, the federal agencies said, giving the super PACS ample time to raise millions of dollars from anonymous donors before next year’s congressional elections.
Conservative groups bitterly attacked the proposed rules, charging that they represented yet another attack on free speech by the Obama White House… (more)
