Democrats try and use the IRS as a political tool again.....

[MMC]

Dems Petition IRS to Investigate Private Schools Wanting Non-profit Status.....


A group of 11 Democratic and independent senators is highly suspicious of private institutions seeking to change from profit to non-profit. The lawmakers have sent a letter to the IRS demanding an investigation.


"There has been a recent and troubling trend of for-profit colleges converting to or attempting to convert to nonprofit organizations with tax-exempt status," the letter reads. "Specifically, for-profit colleges are reorganizing themselves as newly created nonprofit institutions and then entering into third-party contracts with for-profit entities often operated by individuals in charge of the former for-profit college. These entities appear to be taking advantage of opportunities to create a tissue-thin veneer of nonprofit and tax-exempt status that allows the for-profit entity to continue to run and manage key operations of the newly formed nonprofit. The net result is that students’ taxpayer-funded federal financial aid flow directly into the pockets of the same executives, shareholders, and associated individuals of the reorganized for-profit entity for their own excessive benefit."


These private schools may even be violating federal tax law, the senators surmise. They single out Purdue University, Grand Canyon University, and Ashford University in the petition. Purdue, the senators explain, received approval from the Higher Learning Commission to acquire for profit Kaplan University. If Kaplan has any power over the budget, “they have indirect control over the academics of the institution,” the senators write.


"These conversions and attempted conversions create significant opportunities for these companies to skirt federal regulations targeted at addressing predatory actions by for-profit institutions at the expense of students and taxpayers," the petitioners add.


The group hopes that the IRS will "closely scrutinize" these types of applications.


As Politico notes, the Democratic plea comes as Education Secretary Betsy Devos "has taken a friendlier approach to approving for-profit college conversions than her predecessors.".....snip~


https://townhall.com/tipsheet/cortne...tatus-n2479515


The Demos are back to their slim shady tactics. They just can't leave well enough alone. But then again, this is how deviates play. What say ye.

[MMC]

Oopsie there goes the Demo allegations. Imagine that.




— The letter from Democrats comes as Education Secretary Betsy DeVos has taken a friendlier approach to approving for-profit college conversions than her predecessors. The Obama Education Department sought to crack down on the practice, arguing that some for-profit schools were seeking to convert to nonprofit schools as a way to skirt federal regulations. The transactions typically require the approval of the IRS, Education Department, and accreditors as well as state regulators.


— Meanwhile, the federal panel that advises the Education Department on college accreditation agreed Friday to take up the issue of for-profit college conversions at its next meeting. The National Advisory Committee on Institutional Quality and Integrity has added the issue to its May agenda in response to a January request by Warren and other Senate Democrats......snip~

https://www.politico.com/newsletter...rd-scores-hold-steady-but-gaps-persist-164269

[Agent Zero]

Oopsie there goes the Demo allegations. Imagine that.




— The letter from Democrats comes as Education Secretary Betsy DeVos has taken a friendlier approach to approving for-profit college conversions than her predecessors. The Obama Education Department sought to crack down on the practice, arguing that some for-profit schools were seeking to convert to nonprofit schools as a way to skirt federal regulations. The transactions typically require the approval of the IRS, Education Department, and accreditors as well as state regulators.


— Meanwhile, the federal panel that advises the Education Department on college accreditation agreed Friday to take up the issue of for-profit college conversions at its next meeting. The National Advisory Committee on Institutional Quality and Integrity has added the issue to its May agenda in response to a January request by Warren and other Senate Democrats......snip~

https://www.politico.com/newsletter...rd-scores-hold-steady-but-gaps-persist-164269

Wait.

How does:

The transactions typically require the approval of the IRS, Education Department, and accreditors as well as state regulators.

turn into:

Democrats try and use the IRS as a political tool again.....

Looks like IRS review is statutory...how are they using it as a political tool?

DeVos, however, is admittedly a tool of for profit colleges. How she will explain why they need to be tax exempt should be good. And funny.

[MMC]

Wait.

How does:



turn into:



Looks like IRS review is statutory...how are they using it as a political tool?

DeVos, however, is admittedly a tool of for profit colleges. How she will explain why they need to be tax exempt should be good. And funny.

Uhm.....its the Demos who say they are suspicious. It is them saying these entities appears to be taking advantage of opportunities. Were you confused about them sending a letter demanding an investigation.


Then the lame Demos come out and say "These conversions and attempted conversions create significant opportunities for these companies to skirt federal regulations targeted at addressing predatory actions by for-profit institutions at the expense of students and taxpayers," the petitioners add.

That's knowing about the IRS, Education Dept, accreditors and State regulators all giving their approval. That's with all of them checking into whoever is trying to go non profit.


Now how dumb do the Demos have to be in order to not figure out who is all involved in the process. Just how many times do the Demos make allegations and have nothing to back up their allegations. All because they lack intelligence and any smart powers.


Why should they even be opening up their pie holes accusing people of something they feel could be, might be, and or maybe are doing something wrong. How about the Demos coming with some sort of evidence rather than just making $#@! up.


So basically why are the Demos lying about what they can't figure out?

Then those Demos even come out with saying.....the schools May have even violated tax laws. Again that is knowing the IRS, State Regulators, the Education Dept and their accreditors all playing a role in approving the non for profit schools.


Now explain why they shouldn't be humiliated or at least given a $#@!slap upside their domes.