How Are 527s and 501c4s Different from Political Action Committees?​

question 6

Short Answer

How are 527s and 501c4s different from political action committees?​

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Definitions:

Nominally Progressive

Pertaining to tax structures where the nominal rates increase as the taxable base increases, without necessarily resulting in a higher effective tax rate on higher incomes due to possible deductions and exemptions.

Regressive Effect

A situation where a policy or economic condition disproportionately impacts lower-income individuals more negatively than those with higher incomes.

Proportional

Proportional refers to a relationship or distribution in which changes in one variable correspond to equal changes in another variable.

Social Security Tax

A tax levied on both employers and employees to fund the Social Security program, which provides retirement, disability, and survivorship benefits.