Media Matters Tax Exempt Status?
Panel weighs in on liberal advocacy group
- Duration 4:36
- Date Jun 28, 2011
Panel weighs in on liberal advocacy group
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This transcript is automatically generated
From our point of view.
He may do so strongly applaud you you can't have it just becomes substantiated.
Opinion and you have to be.
Reasonably objective about the way you present your views.
When you start to accused.
Fox News of being -- spokesman for the Republican emporium.
And the Republican Party which is demonstrably false there's no basis for that.
Brock or -- matters makes no effort to.
Does for a crosses alive.
Well before the break we asked you should media matters tax exempt status be revoked.
99% of you said yes 1%.
Said no had more than 5000 votes in this unscientific poll on the web site.
The issue is this liberal advocacy group media matters in March the founder David Brock a conservative turned liberal.
Said in multiple interviews that they organization had changed.
From a quote.
Monitoring media monitoring organization.
To launch a quote war on fox by conducting.
Opposition research against FNC.
Personnel in an interview with NPR he was talking about his book.
Blinded by the right and he said there -- -- coming forward to tell the truth now and that truth is -- live it was a terrible lie so.
It's perfectly understandable that many people may not know whether to believe me now is talking then about what he did.
The Anita Hill hearings in the Clarence Thomas hearings.
Back on the hill.
Back with the panel Charles that the question here is.
Tax exempt status is this a charitable and educational.
Well it's obviously is not but is it so within.
The interpretation of the -- -- on the legality of this I think the strongest argument against them against -- media matters is that as we heard the James Rosen reports.
-- twelve years ago the IRS ruled that a Republican run academy.
To train people to be pundits and speak against it Democrats on the -- Was ruled non charitable and thus -- not eligible for any.
I think you you can strongly argue that media matters which ran as a question.
Post had reported exactly the same kind of camp training.
Academy if you like.
For its liberal advocacy would be subject to exactly the same ruling.
So legally speaking I think it would be denied charitable status as a matter of sort of not well but.
Of the democratic practice and media matters is obviously not the media.
Investigative -- organization that looks -- everything it's in a war on fox and you're allowed to do that in a democracy can be nasty as you want.
The only thing is that the don't ask for a government subsidy nobody wants to stop them -- to.
Shut media matters it down to question of -- your tax money and mind.
Ought to be supporting.
The way the laws are currently written according to tax attorneys who specialize in this they've told me that media matters will really probably be able to keep his tax exempt status -- it's hard to lose your tax exempt status tells -- But many do.
Year to year the IRS ticks people off this.
They list that that's true for various infractions not excluding the boot camp issue which I think it could really having trouble with abandon.
-- -- -- -- -- -- That the law is written so the laws are written broad and wide and they allow groups like this to exist or groups who exist solely to take down humane society because they think they're trying to make every turn everyone into a vegetarian or who go after mad because they think that's you know prohibition that they're trying to put in place of these.
-- in -- devices that you put on the car if you're caught drunk driving so.
There -- lots of groups like this that -- -- question is whether the tax code should be written differently more narrowly and whether the donors should have to disclose themselves after they give a certain amount of money there's a big question about whether that should change.
Well I just think -- when you see George Soros funding this and you understand they declared a war on fox are engaged in.
Something so nefarious as opposition research on people who work at fox and fox executives.
Then you understand they are out there to the famed fox there they say there -- a warm fox.
And yet that the same time they're asking for government support I just thought I can't put the two together Susan may be right about the legalities.
But I think that's going to be a major legal fight.