The Commission on Elections (Comelec) on Monday said it is ready to defend before the Supreme Court (SC) its memorandum of agreement (MOA) for voter education with online media firm Rappler, which is now being questioned by the Office of the Solicitor General (OSG). Comelec Acting Chairman Socorro B. Inting…
The Washington Post, the Guardian and 150 other news outlets have obtained access to 11.9 million "confidential files" on offshore bank accounts and companies in 200 countries, [.]
Move allows them to avoid disclosures associated with non-profit organizations
Hayden Ludwig • January 12, 2021 5:00 am
SHARE
Liberal billionaire donors are exploiting a new way of funneling millions of dollars to left-wing political groups.
In 2015, Facebook founder and Democratic donor Mark Zuckerberg set up a limited liability corporation and moved millions of untraceable dollars to leftist groups. Under the LLC format, he may legally spend unlimited sums in support of Democratic politicians, lobbying groups pushing for radical policies, and far-left activists who advocate for reforms that hurt election integrity.
This marks a radical departure from most megadonors’ use of tax-exempt nonprofits to fund political groups by side-stepping the IRS disclosure requirements and the ban on election intervention faced by foundations.