A top House Republican chairman wants the IRS to revoke the tax-exempt status from a group founded by Stacey Abrams.
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FIRSTONFOX:TheHouseofRepresentatives’toplawmakerontaxationisurgingtheInternalRevenueService(IRS)torevokethetax-exemptstatusofanonprofitlinkedtoformerGeorgiagubernatorialcandidateStaceyAbrams.
TheAbrams-foundedgroup,NewGeorgiaProject,wasrecentlyfined$300,000forviolatingstateelectionlawsinarulingbytheGeorgiaEthicsCommission.
HouseWays&MeansCommitteeChairmanJasonSmith,R-Mo.,calledit“thelargestpenaltyintheEthicsCommission’shistoryandpossiblythelargestethicsfineeverissuedintheUnitedStates”inhislettertoIRSCommissionerMelanieKrause.
ThecommissionunanimouslychargedtheNewGeorgiaProjectwithfailingtodisclosemorethan$4millionincampaigncontributionsandmorethan$3millioninexpenditureswhilebackingAbrams’failed2018gubernatorialcampaign.
‘WASTEFULANDDANGEROUS’:DOGE’STOPFIVEMOSTSHOCKINGREVELATIONS
“Asyouknow,underInternalRevenueCodeSection501(c)(3),organiz