Author Question: Think tanks are 501(c)(3) organizations because a. contributions to them are tax-deductible. b. ... (Read 73 times)

dollx · **on:** Jul 9, 2018

Think tanks are 501(c)(3) organizations because

a. contributions to them are tax-deductible.
b. membership dues cannot be used to support federal candidates, but general contributions to the organization can be used as campaign donations.
c. they may not contribute to a federal candidate, but they are allowed to advocate specific legislative positions.
d. they pay a fee to the government in return for loose regulations on their activities.
e. they pay income tax.

Question 2

The AARP may not contribute to a federal candidate but may still legally advocate specific policy positions because it falls under

a. the AFL-CIO.
b. the jurisdiction of the Securities and Exchange Commission.
c. Section 501(c)(4) of the Internal Revenue code.
d. Section 501(c)(3) of the Internal Revenue code.
e. the same laws governing PACs.