Given what you said about how bad 527s
are, why would you do that?
Can the 527s
repeat their 2004 efforts--but to a more positive effect?
political organizations (527s
) are named after the
declared the Federal Election Commission "corrupt" for allowing the 527s
to buy (legally) radio and TV ads.
Toner and Thomas were attempting to sway their fellow commissioners with a plan that would require 527s
to abide by a minimum hard money (meaning contributions that are subject to FEC regulations) percentage of 50 percent when paying for certain public communication and voter drives that promote a particular political party or candidate.
On the one side are those reformers, led by Democracy 21 president Fred Wertheimer, who think the 527s
are in violation of McCain-Feingold and want the FEC to reign them in.
Contributions to 527s
, as opposed to 501(c)3s, are not tax deductible on account of their partisan nature.
The record is overpowering that 501(c)s are at least as much of a problem as 527s
," Smith said.
But what the fate of 527s
should be is no easy question.
Van Gosse, organizing director of a 527
called Peace Action, whose Peace Voter Fund was involved in eight congressional races in 2000, says that 527s
are a major tool for activists.
Despite Bush's sweeping condemnation of 527s
, when his campaign filed a lawsuit in early, September demanding action by the Federal Election Commission (FEC), it focused on anti-Bush groups such as MoveOn.