PHILLY.COM: Pennsylvanians for Accountability. Sounds nice. With a name like that, they must be about something good…
Good luck finding out who’s behind it, though – “dark money” attacks have come to state politics…
The group, which is spending $250,000 to air the ad in Pittsburgh, Scranton, and other TV markets, is a “social welfare” nonprofit and says it plans to apply for tax-exempt 501(c)(4) status under the federal tax code. Political operators have fallen in love with this sheltering IRS embrace, because social-welfare nonprofits do not have to disclose their donors – unlike regular political action committees.
They have to report their expenses, but only in an annual tax return, long after elections are over… (more)