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Under the Internal Revenue Code, all section 501(c)(3) organizations are absolutely prohibited from directly or indirectly participating in, or intervening in, any political campaign on behalf of (or in opposition to) any candidate for elective public office.
I'm am very familiar with the law having been an officer of several 501c3s. What is it specifically that a 501c3 would have been doing that now it won't be doing?
My guess is that Trump wants to stop any rumors that he won't run again before they start. I've read a few posts on here with people saying Trump will only run for 1 term.
A President needs divestiture from his business assets. A candidate does not.
Trump is trying to set up a way he can continue to run Trump enterprises legally from the White House. Since his new hotel in D.C. has his name on the federal lease- the building is the old post office- he is violating a law that forbids an office holder from profiting from a federal property.
This is an impeachable offense and a criminal offense. Candidate Trump wasn't breaking the law until he was elected. All he's doing by announcing so soon is an attempt to pit the GOA with the IRS. The issue will eventually end up in the Supreme Court, I'm sure, as there is no precedent. Packing the Supreme Court in his favor is the back-up in his plan to squirrel out of his need to divest himself of his newest project and remain President.
I'm am very familiar with the law having been an officer of several 501c3s. What is it specifically that a 501c3 would have been doing that now it won't be doing?
Since you know already, watch the 501c3 groups and the IRS as time progresses and let's just see if they change their approach on how they deal with Trump.
the key word is "candidate". Until he officially filed the form stating he was going to run, trump was not a "candidate", he was (and is) the serving President. By announcing his intent to run in 2020, he is now officially a "candidate", with all the aforementioned protections.
All in all, a very smart move.
No, candidate is not the key word. Nonprofits which oppose Trump's policy can still talk about it as much as they want, just as nonprofits which support Trump can still talk about that as much as they want.
while not an official announcement for reelection, Donald Trump has filed an FEC Form 2 in order to “ensure compliance with the Federal Election Campaign Act.”
...
Having filed (even if not formally announcing a bid) as a candidate, Trump would be able to coordinate with PACs and other similar organizations.
More importantly, 501(c)(3) nonprofit organizations would no longer be able to engage in “political speech” which could theoretically affect the results of the 2020 U.S. Presidential Election without running the risk of losing their nonprofit status. The move effectively bars interest groups from creating nonprofits which they could funnel money into for the purposes of opposing Trump’s initiatives.
He did this on his first day in office.
In other words, this throws a monkey wrench into efforts creating tax exempt organizations (Soros, David Brock) to oppose Trump, since he has unofficially declared candidacy for 2020.
That's really good... definitely ahead of the curve.
Time for the IRS to get to work and take out the non-profit status of these anti-Trumpers...
A President needs divestiture from his business assets. A candidate does not.
Trump is trying to set up a way he can continue to run Trump enterprises legally from the White House. Since his new hotel in D.C. has his name on the federal lease- the building is the old post office- he is violating a law that forbids an office holder from profiting from a federal property.
This is an impeachable offense and a criminal offense. Candidate Trump wasn't breaking the law until he was elected. All he's doing by announcing so soon is an attempt to pit the GOA with the IRS. The issue will eventually end up in the Supreme Court, I'm sure, as there is no precedent. Packing the Supreme Court in his favor is the back-up in his plan to squirrel out of his need to divest himself of his newest project and remain President.
Hmmm, that's a possibility I hadn't considered.
The one I thought of is that he wants to get going on his warchest ASAP, because he doesn't like spending his own money and because he wants to scare off as many R challengers as possible.
Since you know already, watch the 501c3 groups and the IRS as time progresses and let's just see if they change their approach on how they deal with Trump.
Watching paint dry would be more eventful.
You really don't understand the laws governing nonprofits.
On the grounds that they oppose President Trump, and therefore must be eradicated!
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