"Koch-backed seniors group low-balling election spending?"
Koch-backed seniors group low-balling election spending?
By Michael Beckel at the Center For Public Integrity
http://www.publicintegrity.org/2014/07/30/15163/koch-backed-seniors-group-low-balling-election-spending
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The 60 Plus Association a nonprofit senior citizen advocacy group funded largely by billionaire businessmen Charles and David Kochs conservative political network appears to have vastly understated its level of election spending on federal tax filings, a Center for Public Integrity review of documents indicates.
The Virginia-based organization told the Federal Election Commission that it spent about $4.6 million on political ads and voter contact phone calls endorsing or denouncing federal candidates during the three months prior to the 2012 election.
But it reported spending a mere $35,000 on direct and indirect political campaign activities during its entire 2012 fiscal year to the Internal Revenue Service. It didnt count toward that amount $4 million in spending it reported separately as educating seniors by influencing the election of political candidates.
Its a felony to willfully file IRS tax returns containing fraudulent information.
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