PowerLine Co-blogger Paul Mirengoff notes today that the volume of comments in opposition to the proposed IRS regulatory constraints on organizations that have or sought tax-exempt status under Section 501(c)(4) have forced a reconsideration. An excerpt:
I don’t know whether the criticisms have been heard by the IRS but their weight has been felt. Today IRS Commissioner Koskinen told an audience at the National Press Club that his agency is unlikely to finalize the proposed regulations this year.
During the comment period, which ended in February, we received more than 150,000 comments. That’s a record for an IRS rulemaking comment period. In fact, if you take all the comments on all Treasury and IRS draft proposals over the last seven years and double that number, you come close to the number of comments we are now beginning to review and analyze.
It’s going to take us a while to sort through all those comments, hold a public hearing, possibly repropose a draft regulation and get more public comments. This means that it is unlikely we will be able to complete this process before the end of the year.
Great news, if true, because putting off the implementation of the proposal until next year means that there is a greater probability that a larger Republican presence in Congress might kill them altogether.
We should all recognize that this result is largely due to the efforts of Washington DC attorney Cleta Mitchell, and to all the conservative and Tea Party groups around the country that raised such holy hell about the proposal. Including us, the Crystal Coast Tea Party Patriots.