This Senate Majority Leader’s Senate Majority PAC accepted $47.8 million in dark money to help regain control of the Senate.
Just as he and his fellow House Speaker Nancy Pelosi pretended to be outraged by dark money in politics, Senate Majority Leader Chuck Schumer benefited from more than $47.8 million in dark money contributions to take back the Senate in the 2020 election.
Majority Forward, a nonprofit political advocacy group with direct ties to Schumer’s Senate Majority PAC, provided a total of $57.4 million to the super PAC, which These funds are intended to help Democrats regain the Senate majority.
This far exceeds the $6.2 million that Majority Forward invested in partisan election campaigns in the 2016 and 2018 elections, an increase of 825 percent.
Under 501c tax law, Majority Forward is not required to disclose its donors, making it nearly impossible to determine who the big donors are who support Schumer’s efforts.
Documents show that Majority Forward, a dark money group working with Senator Schumer (@SenSchumer), increased its anonymous election funding by 825% in the 2020 cycle.
Via @JoeSchoffstall https:// t.co/ B0DxrEsAC8
- FreeBeacon (@FreeBeacon) January 27, 2021
“Majority Forward’s revenue spike is the result of record funding from mid-2018 to mid-2019. During that period, the organization accepted $76 million in anonymous donations, apparently from the super-rich who didn’t want to publicly associate their names with Schumer.
Over the same 12-month period, Majority Forward distributed tens of millions of dollars to other left-wing “dark money” nonprofits to fund voter engagement campaigns across the country.
“Majority Forward’s largest donation, $14.8 million, went to America Votes, a 501(c)(4) tax-exempt organization. It was later revealed that America Votes, the organization associated with failed Georgia gubernatorial candidate Stacey Abrams, is under investigation in Georgia over reports that it sent ballot applications to non-residents and deceased people.
Under the guise of portraying itself as a get-out-the-vote organization, a larger portion of its proceeds – $47.8 million – went to Schumer’s Senate Majority PAC, according to Federal Election Commission filings.
Both groups – Majority Forward and the Senate Majority PAC – were led by Schumer ally J.B. Poersch (D-Mich.). The two organizations share staff and office space.
When Democrats like Sheldon Whitehouse and Chuck Schumer claim to care about dark money, you need to know that they are hypocrites who only want to silence conservatives.
You can always contact Schumer’s dark money allies to ask if they agree with him disclosing donors pic.twitter.com/QVAhQJDpOD
Smugness, January 26, 2021
Democrats have long been insincere in their condemnation of “dark money” in politics, but they have been ahead of Republicans in exploiting financial reporting loopholes.
“The Center for Responsive Politics reports that Democrats collected and used $326 million in dark money in the 2020 election cycle. In contrast, Republicans utilized less than half of that money – $148 million.
Indeed, even as Schumer and other leaders, including U.S. Sen. Sheldon Whitehouse (D-RI), have stalked right-wing groups in an effort to force them to disclose their donation lists, regardless of the legal protections allowed by the tax code, Schumer’s allied groups have benefited from the use of dark money.
Link to original article: https://nationalfile.com/schumers-dark-money-group-spending-skyrocketed-by-825-in-2020-election-cycle/
North American Conservative Review: Under U.S. federal tax law, a nonprofit 501C(4) is a “nonprofit organization that operates exclusively to promote the welfare of society” and may lobby for legislative or regulatory changes and may promote its agenda through public activities, so long as those efforts are not the organization’s primary activity, and are exempt from federal income tax. An important restriction on 501C(4) organizations is that they cannot organize primarily to influence political campaigns. While 501C(4) organizations may provide endorsements of candidates who agree with their positions, care must be taken to avoid appearing to be primarily supporting a particular candidate or party. 501C(4) organizations may keep the identity of their donors confidential.
The primary purpose of a political action committee (PAC) is to raise money from its members and donors to support a specific candidate or political issue. Federal political action committees are governed by federal election law, which requires registration with the Federal Election Commission and places specific limits on the amount a political action committee can contribute directly to a candidate per election ($5,000) or to a national political party per year ($15,000). A PAC is permitted to receive up to $5,000 per year from an individual donor.
A Super PAC is a variation of a Political Action Committee (PAC). A Super PAC can raise an unlimited amount of money from an individual donor as long as the donor is located in the United States. Super PACs also allow unlimited money to be invested in independent campaigns in support of political candidates or issues.
As a result, it has become commonplace in U.S. politics to raise political funds from the community under the name of a 501C(4) benefit organization and then transfer the funds to a PAC or Super PAC formed by the same team to support a specific party or candidate, while avoiding disclosure of the name of the donor. This devious operation is actually a fooling of voters. According to the data disclosed by the Federal Election Commission, the Democratic Party is ostensibly opposed to this “dark money” but is actually the biggest advocate and beneficiary of it. They are typically the most hypocritical people who deceive the world with their words and actions.
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