527 groups
independent groups that seek to influence the political process but are not subject to contribution restrictions because they do not directly advocate the election of a particular candidate.
527 groups, also known as political organizations, are tax-exempt non-profit groups that are formed primarily to raise funds for political activities. These organizations are named after a section of the Internal Revenue Code that regulates them.
527’s work by raising unlimited amounts of funds from individuals, corporations, labor unions, and other organizations. They use this money to advocate for or against a particular political cause, candidate, or issue.
However, 527 groups are not permitted to engage in direct election campaigns or endorse specific candidates. Nevertheless, they can influence voters through ads, phone banks, and other forms of communication.
Some examples of well-known 527 groups include the Swift Boat Veterans for Truth, MoveOn.org, and America Coming Together. These organizations played important roles in the 2004 presidential election by fundraising and airing political ads.
Overall, 527 organizations are an important part of the political landscape in the United States, as they allow individuals and groups to pool their resources to promote their political interests.
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