Tag: Internal Revenue Code

House Republicans Introduce Bill to Close Loophole for Foreign Election Funding

Michigan Star Staff

House Republicans are introducing a bill that would prohibit foreign nationals from contributing to political advocacy organizations, closing a loophole that allows their funds to support political campaigns, according to a report by Axios.

Republican Rep. Bryan Steil of Wisconsin, who chairs the House Administration Committee that certifies elections to the chamber, will introduce the American Confidence in Elections (ACE) Act in the House on Tuesday, according to Axios. The bill will reportedly ban foreign nationals from donating to political advocacy organizations with tax-exempt status under Section 501 (c)(4) of the Internal Revenue Code.

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Commentary: Tax All Foundations and Endowments Now

Michigan Star Staff
Yale University

If there were trillions of dollars socked away in convenient vehicles to avoid taxes and benefit the ultra-elite should we not tax them? Are they not fair game in a just system of taxation, where the little guy and the middle class have to pay up—or else? 

The largest endowments, mainly universities indoctrinating students in social justice, wokeism, and class warfare, pay absolutely no taxes. 

The big foundations, promoting radical left-wing activism, likewise pay no taxes. 

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Hunter Biden and Lobbyist Named in IRS Complaint Against National Security Non-Profit Where They Both Served on Board

Michigan Star Staff

Virginia man filed an IRS complaint on Tuesday accusing a left-leaning national security non-profit of violating tax law by failing to disclose a business relationship between two of its board members—Hunter Biden and Sally Painter—and Burisma Holdings.

A copy of the Tax-Exempt Organization Complaint Form  (Form 13909) which raises questions about the Truman National Security Project’s compliance with the Internal Revenue Code is embedded.

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