This morning, I was asked by one of our state coordinators about the legal status of the TAC – why are we organized as a for-profit business rather than a 501c3 or c4 non-profit?
Here’s the bulk of my response:
This is more of a philosophical issue for us than a functional one. Our goal is to be different than all other political advocacy groups – as there are seriously few that operate on a for-profit basis. Why? Partnering with government to receive benefits that are constitutionally-dubious at best is not something we stand for. Also, those same benefits come with many strings attached as campaign finance laws, and the recently proposed “disclose” act make far too clear.
Bottom line? We accept no federal bribe money from the IRS.
The result? It costs us more in tax money, but far less in accounting and paperwork. At this point, we tend to be ahead of the game financially-speaking, but it may not always be that way. What we do have is this: more freedom.
And, as the saying goes – freedom ain’t free.
I’d like to develop this line of thought further and make it an official part of our “About Us” pages. What’s your thoughts on the subject?
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