How an Obama fundraiser turned Oklahoma into a personal tax haven

By Bill Allison

How George Kaiser turned Oklahoma into his personal tax haven

Excerpts from this story referencing "Internal Revenue Code":

"… ion loss.Kaiser has built his fortune in part through shrewdly playing the Internal Revenue Code. In one six-year period, during which he increased his net worth enough to …"

"… ional energy markets and those of the state of Oklahoma as it did with the Internal Revenue Code.Kaiser's first fortune came from domestic energy production.When he took o …"

"… 151 million in losses on its books. The losses were valuable – under the Internal Revenue Code, a company can use past losses as credits, known as net operating losses, …"

"… you'd buy had them. There was no indication that we didn't comply with the Internal Revenue Code."In 1991, the same year that Kaiser merged Kaiser-Francis Oil with Waterfo …"

Nonprofit spends big on politics despite IRS limitation

By Michael Beckel

Questions raised about whether nonprofits like Koch-connected American Future Fund are primarily about politics.

Non-political nonprofit's spending spikes in election years

By Dave Levinthal

Law says groups like Americans for Job Security cannot make politics its primary purpose.
Advertisement

IRS employees back Obama, Democrats

By Michael Beckel

IRS employees routinely open wallets for Democratic candidates and liberal groups.

'Tea party' nonprofits rarely endorsed political candidates

By Michael Beckel

'Tea party'-branded nonprofits at heart of IRS scandal rarely endorsed political candidates.