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Americans Elect Conversion to 501c4 Status Contradicts a Long-Avowed Political Purpose

In the last month, Americans Elect has reorganized itself as a IRS Section 501(c)4 corporation. 501(c)4 corporations do not have to disclose the sources of their money, a tactical advantage but an ethical disadvantage in a democracy. But IRS Section 501(c)4 corporations must have “social welfare” as their primary purpose, and cannot have the pursuit […]