Karl Ruprect Rove

Karl Rove’s Crossroads GPS May Have Lied to the IRS


New tax documents, made public last Tuesday, indicate that at least $11.2 million of the grant money given to the group Americans for Tax Reform was spent on political activities expressly advocating for or against candidates. This means Crossroads spent at least $85.7 million on political activities in 2012, not the $74.5 million reported to the Internal Revenue Service. That’s about 45 percent of its total expenditures.

I don’t know what exactly the penalty is for lying to the IRS, but I imagine it’s pretty steep.

(ht Seth Price)