Difference between revisions of "Patman Committee"
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==Background== | ==Background== | ||
| − | The [[Select Committee to Investigate Tax-Exempt Foundations and Comparable Organizations]] during the 82nd Congress, known as the '''[[Cox Committee]]''', investigated tax-exempt foundations for [[subversion]] though did not conduct a thorough investigation. Although its final report exonerated major foundations of wrongdoing, it also recommended a new investigation to probe whether foundations exploited their tax-exempt status. | + | The [[Select Committee to Investigate Tax-Exempt Foundations and Comparable Organizations]] during the 82nd Congress, known as the '''[[Cox Committee]]''', investigated tax-exempt foundations for [[subversion]] though did not conduct a thorough investigation. Although its final report exonerated major foundations of wrongdoing,<ref name=fascinatingpolitics>FascinatingPolitics (December 22, 2019). [https://fascinatingpolitics.com/2019/12/22/the-reece-committee-on-foundations-conspiratorial-nonsense-or-an-expose-of-a-threat-to-the-nation/ The Reece Committee on Foundations: Conspiratorial Nonsense or an Expose of a Threat to the Nation?]. ''Mad Politics: The Bizarre, Fascinating, and Unknown of American Political History''. Retrieved September 24, 2021.</ref> it also recommended a new investigation to probe whether foundations exploited their tax-exempt status.<ref name=libertyuniversity>Samson, Steven Alan. [https://digitalcommons.liberty.edu/cgi/viewcontent.cgi?referer=&httpsredir=1&article=1291&context=gov_fac_pubs Charity For All: B. Carroll Reece and the Tax-Exempt Foundations]. ''Liberty University''. Retrieved September 24, 2021.</ref> |
| − | [[B. Carroll Reece]], a [[Tennessee]] conservative Republican who was part of the Cox Committee, sought a do-over to thoroughly investigate subversion charges though did not focus on the potential tax-exempt exploitation aspect. | + | [[B. Carroll Reece]], a [[Tennessee]] conservative Republican who was part of the Cox Committee, sought a do-over to thoroughly investigate subversion charges though did not focus on the potential tax-exempt exploitation aspect.<ref name=libertyuniversity/> |
==References== | ==References== | ||
Revision as of 18:27, September 24, 2021
The Patman Committee was a select committee which investigated tax-exempt foundations largely in the 1960s. Known as the Select Committee on Small Business and chaired by Texas liberal Democrat Wright Patman from 1955 to 1963,[1] it sought to determine whether large foundations used their privileges for the purpose of evading taxes.
Background
The Select Committee to Investigate Tax-Exempt Foundations and Comparable Organizations during the 82nd Congress, known as the Cox Committee, investigated tax-exempt foundations for subversion though did not conduct a thorough investigation. Although its final report exonerated major foundations of wrongdoing,[2] it also recommended a new investigation to probe whether foundations exploited their tax-exempt status.[3]
B. Carroll Reece, a Tennessee conservative Republican who was part of the Cox Committee, sought a do-over to thoroughly investigate subversion charges though did not focus on the potential tax-exempt exploitation aspect.[3]
References
- ↑ Grant, Jr., Philip A. (September 1, 1995). Patman, John William Wright (1893–1976). Texas State Historical Association. Retrieved September 24, 2021.
- ↑ FascinatingPolitics (December 22, 2019). The Reece Committee on Foundations: Conspiratorial Nonsense or an Expose of a Threat to the Nation?. Mad Politics: The Bizarre, Fascinating, and Unknown of American Political History. Retrieved September 24, 2021.
- ↑ 3.0 3.1 Samson, Steven Alan. Charity For All: B. Carroll Reece and the Tax-Exempt Foundations. Liberty University. Retrieved September 24, 2021.