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Tax Bill Could Make ‘Dark Money’ Tax Deductible

December 9, 2017 · 8:29 am ET · Leave a Comment

“For the first time in American politics, anonymous ‘dark money’ political donations could become tax-deductible. That’s if a provision currently being debated between House and Senate negotiators makes it into the final tax bill,” CNN reports.

“The issue at hand started with the ‘Johnson Amendment,’ named after then-Sen. Lyndon Johnson’s 1954 measure that prohibits nonprofit groups who maintain tax-exempt status, including churches and charities, from directly participating in politics.”

“But efforts to repeal the Johnson Amendment have resulted in language that would ease political speech rules for all nonprofits. The results, critics say, could effectively let people deduct de-facto political donations and further hide those donations and spending from the public.”

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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