Up2Late
Up2Late's JournalColbert concludes tea partiers are ‘a bunch of pussies’ after consulting his lawyer
Source: Raw Story
...Why has my application for tax-exempt status never been granted? he asked his lawyer, Trevor Potter.
Because we never filed it, Potter replied, to Colberts surprise, since his 501 (c)(4) group was doing business and had handled at least hundreds of thousands of dollars, in Potters estimation.
How is that possible, that I didnt apply? Colbert asked. Am I breaking the law?
Potter took that opportunity to remind the Colbert Report host that he was not legally obligated to apply for tax-exempt status in the first place.
So wait a second, Colbert said, stifling a laugh. So you can form a 501 (c) (4) without asking to form one. When Potter confirmed that, Colbert got a little giddier.
So these tea party, anti-big government organizations didnt have to ask big government for permission, but they did anyway? Colbert asked as a follow-up.
Right, Potter answered....
Read more: http://www.rawstory.com/rs/2013/05/21/colbert-concludes-tea-partiers-are-a-bunch-of-pussies-after-consulting-his-lawyer/
Be sure to check out the video lower down in the article too, it's great!
I hope Raw Story is still O.K. here, it's been a while since I've posted to LBN.
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