Difference between revisions of "Patman Committee"

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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>
 
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>
  
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[[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/>
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[[B. Carroll Reece]], a [[Tennessee]] conservative Republican who was part of the Cox Committee, successfully sought a do-over to thoroughly investigate subversion charges (the re-enacted select committee in the following 83rd Congress was known as the '''[[Reece Committee]]''') 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, successfully sought a do-over to thoroughly investigate subversion charges (the re-enacted select committee in the following 83rd Congress was known as the Reece Committee) though did not focus on the potential tax-exempt exploitation aspect.[3]

References

  1. ↑ Grant, Jr., Philip A. (September 1, 1995). Patman, John William Wright (1893–1976). Texas State Historical Association. Retrieved September 24, 2021.
  2. ↑ 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. ↑ 3.0 3.1 Samson, Steven Alan. Charity For All: B. Carroll Reece and the Tax-Exempt Foundations. Liberty University. Retrieved September 24, 2021.