I am no expert on tax law or the law of non-profits, but my colleague Ellen Aprill is, and I’ve been talking to her about the controversy over the American Issues Project ads. (My earlier post on the campaign finance issues surrounding AIP is here.)
Ellen has written up her thoughts in a six-page document that is a must-read for those who want to understand the tax side of this controversy. It seems that in this case, the tax law questions are at least as unsettled as the campaign finance law questions. Thanks so much Ellen!