Tuesday, September 20, 2011

Guess Who Else Doesn't Pay Taxes?

General Electric paid zero federal income taxes for 2010. Master of hypocrisy, Warren Buffett, infamously owes the federal gov't $1 billion in federal taxes.

Another stranger to the tax man is the largest union in the country, the conspicuously wealthy National Education Union.
From Larry Sand, writing for Union Watch:
The NEA, which has an annual budget of $371 million, spent more than $56.3 million in the 2007-2008 election cycle on state and federal campaigns, political parties, and ballot measures, $12.5 million ahead of the second-place group. And yet, NEA doesn’t think it should pay income tax and rarely does.

The law says you must pay income tax unless you are a tax exempt entity, and if you are accorded that status, you cannot be involved with politicking. The Landmark Legal Foundation has been on to the NEA and its tax evasion for years now, and has gained some traction. In 2006, the Wisconsin Education Association, a NEA affiliate “realized it needed to pay $171,000 in federal taxes after LLF asked if the organization had paid taxes on $430,000 it gave to the Democratic Legislative Campaign Committee. Stan Johnson, the WEAC’s president, admitted the organization should have paid taxes on the expenditures.”
Alinsky's Rules for Radicals is an NEA recommended read.

If NEA ever stopped blathering about the rich not paying their “fair share” and actually started paying its own (and were dinged for past years’ payments with appropriate penalties), it would certainly help to solve the budgetary problems it claims are inhibiting our education process.
The NEA, which is part of the world's second-largest international union, has 3.2 million members and more than 550 employees. Whatever it may say on Obama's teleprompter screen, it is the collection of the financial contributions of such "friends" as these that constitutes the Democrat Party's real "green agenda."

Through the efforts of the NEA, that "green agenda" comes with its own insidious insurance policy: through daily indoctrination of American school children with the Democrat "vision," the NEA faithfully delivers to the Democrat Party each year a new crop of Democrat voters, supporters, and donors.