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Thanks for joining me tonight, lisa. thanks for having us on. lisa, what is the tax component, the irs component of this money that went into the herman cain campaign to get it started? well, tax law bars charities like prosperity usa which was founded by mark block, last year, from spending their money to help campaigns. basically to be a bank or a credit card for political campaign like mr. cain s. and so there are significant consequences. the charity could be shut down. there are could be sanctions. we ve asked for both. this was a koch brothers funded group, americans for prosperity, that seemed to put in about $40,000 to the campaign. there was also another $100,000 in here somewhere that they came up with that they gave to a group to have mr. cain go and speak there. so there s a big flow of money that as we ve already talked about on this show could be in violation of the federal election law, but the irs is the ....
Thanks for joining me tonight, lisa. thanks for having us on. lisa, what is the tax component, the irs component of this money that went into the herman cain campaign to get it started? well, tax law bars charities like prosperity usa which was founded by mark block, last year, from spending their money to help campaigns. basically to be a bank or a credit card for political campaign like mr. cain s. and so there are significant consequences. the charity could be shut down. there are could be sanctions. we ve asked for both. this was a koch brothers funded group, americans for prosperity, that seemed to put in about $40,000 to the campaign. there was also another $100,000 in here somewhere that they came up with that they gave to a group to have mr. cain go and speak there. so there s a big flow of money that as we ve already talked about on this show could be in violation of the federal election law, but the irs is the ....
morning. captions by vitac www.vitac.com good morning. good morning, alina. good morning, everybody. welcome to american morning. it is tuesday october 25th. i m alina cho along with carol costello. ali and christine are off today. up first this morning, presidential politics as texas governor rick perry trying to one-up herman cain s 9-9-9 plan and get back the good graces of gop voters. this morning perry will unveil his economic growth plan that includes a flat tax. cnn deputy political director paul steinhauser joins us from washington with more details. he has this 20% flat tax, but taxpayers is actually opt out if they like their tax rate better? reporter: yeah, and banking on most americans not liking the way they have their taxes right now and hoping for some of that 9-9-9 that boosted herman cain from an afterthought to a front-runner in the gop nomination. yes, basically this morning the texas governor rick perry unvams his plan. cut, balance ....
Should just hold on, things can still turn around and even implied that there s still a pulse on michele bachmann s presidential campaign? reverend, i love you, man. you re awesome. you know, there s a pulse on everybody, and the pulse is beating throughout the party. folks are paying attention, and they are deciding, right now, how they want to move forward, the campaigns are. this thing is going to tighten up, and i think ed was very clear about this. this is a long race here. this is not something that s going to get over and done with just because someone is in or someone is out. yes. perry has a chance. bachmann has a chance. you ve seen it. you ve watched mr. cain go from 3% to 16%. you ve watched someone like santorum go from 2% to 7%. there s movement throughout the the team. what made perry the big guy, ed, let s be honest? he came in and knocked romney ....