By Patrick G. Eddington -- CATO Institute
Get ready for another one of those “Congress is trying to pull a fast one” stories … and if you work for or financially support one or more nonprofits, you’ll want to read on. Congressional sources have informed Cato that an extremely controversial tax code bill that could be used to target politically disfavored nonprofits that has already passed the House may get a Senate vote this week. First, some important background information.