Pro Publica: New IRS Rules on Dark Money Likely Won’t Be Ready Before 2016 Election (In the News)

By Theodoric Meyer
David Keating, president of the Center for Competitive Politics, which has called for less restrictive campaign finance regulations, said he doubted the rules would significantly affect the social welfare nonprofits that spend the most on elections, such as Crossroads GPS on the right and Patriot Majority USA on the left.
“For the people who are pinning their hopes on IRS rules changing how these groups operate, I think they’re kidding themselves,” he said. “I don’t think it’s going to happen.”
Kuhn, the former IRS senior attorney, said she expected the agency to come up with rules that are “bland and hard to attack.”
“The whole controversy of dark money 2014 I really don’t think that’s going to be solved through the IRS regulatory process,” she said.

The Center for Competitive Politics is now the Institute for Free Speech.