Mazda Scandal Booth - The IRS - Trevor Potter

  • Aired:  05/20/13
  •  | Views: 31,662

Stephen's lawyer explains that Colbert Super PAC SHH!'s tax-exempt status was never granted because he never filed for it. (4:17)

[ CHEERS AND APPLAUSE ]

>> Stephen: WELCOME BACK,

EVERYBODY.

FOLKS, IN CASE YOU JUST JOINED

OUR BROADCAST, IN THE A-BLOCK OF

TONIGHT'S PROGRAM, WE DISCOVERED

THAT MY 501(C)4, COLBERT SUPER

PAC SHH WAS TARGETED BY THE

OBAMA ADMINISTRATION DESPITE THE

FACT THAT EVER SINCE THE SCANDAL

BROKE THE I.R.S. HAS APPROVED

DOZENS OF CONSERVATIVE TEA PARTY

GROUPS.

YEAH, THE SCANDAL BREAKS AND THE

I.R.S. CAVES FASTER THAN A

SPELUNKER ON METH.

HERE TO TELL ME WHY I AM ON

OBAMA'S HIT LIST, PLEASE WELCOME

GENERAL COUNSEL FOR THE 2008

McCAIN CAMPAIGN, FORMER F.E.C.

CHAIRMAN AND MY PERSONAL LAWYER

TREVOR POTTER IN THE MAZDA

SCANDAL BOOTH.

TREVOR POTTER, EVERYBODY.

[ CHEERS AND APPLAUSE ]

TREVOR, THANKS SO MUCH.

HAVE A SEAT.

ALL RIGHT.

NOW, TREVOR, LET'S TALK SCANDAL.

THIS I.R.S. THING IS ACTUALLY

BAD.

ISN'T IT?

>> IT IS.

IT'S A REAL PROBLEM FOR THE

I.R.S. AND THOSE EMPLOYEES DID

SOMETHING THEY SHOULD NOT HAVE

DONE

>> Stephen: LET'S GET TO THE

HEAT OF THE MEAT.

WHY HAS MY APPLICATION FOR

TAX-EXEMPT STATUS FOR MY 501(C)4

NEVER BEEN GRANTED?

>> BECAUSE WE NEVER FILED IT.

Stephen: BUT I HAVE A

501(C)4.

>> YES, YOU DO.

IT'S DELAWARE CORPORATION.

>> Stephen: YEAH.

IT'S DOING BUSINESS

Stephen: HUNDREDS OF

THOUSANDS OF DOLLARS HAVE PASSED

THROUGH IT.

>> AT LEAST

Stephen: NOW HOW IS THAT

POSSIBLE THAT I DIDN'T APPLY?

AM I BREAKING THE LAW?

>> NO.

YOUR LAWYERS ADVISED YOU THAT

THERE IS NO LEGAL REQUIREMENT

THAT YOU FILE WITH THE I.R.S. AN

APPLICATION FOR EXEMPTION

>> Stephen: SO, WAIT A SECOND.

SO YOU CAN FORM A 501(C)4

WITHOUT ASKING TO FORM ONE.

>> RIGHT

Stephen: SO THESE TEA PARTY

ANTI-BIG GOVERNMENT

ORGANIZATIONS DIDN'T HAVE TO ASK

BIG GOVERNMENT FOR PERMISSION,

BUT THEY DID ANYWAY?

>> RIGHT.

Stephen: WHAT?

WHAT A BUNCH OF PUSSIES.

( APPLAUSE )

OKAY.

ALL RIGHT.

THE I.R.S. IS TAKING A LOT OF

HEAT.

>> A LOT OF HEAT

Stephen: ANYONE WHO APPLIED

FOR TAX-EXEMPT STATUS RIGHT NOW,

LIKE CONSERVATIVE TEA PARTY

ORGANIZATIONS THE I.R.S. WOULD

BE UNDER SOME PRESSURE TO

APPROVE THEM.

WOULDN'T THEY?

>> THAT WOULD PUT THEM IN A VERY

AWKWARD POSITION.

IT WOULD LOOK POLITICAL.

>> Stephen: THAT SOUNDS LIKE

SOMETHING I WOULD LIKE TO DO.

OKAY.

SO COULD I APPLY NOW?

>> YEAH

Stephen: OKAY.

WHERE WOULD I GET AN

APPLICATION?

>> YOUR LAWYER WOULD DRAFT ONE

FOR YOU, A 1024, GIVE IT TO YOU

TO SIGN AND THEN WE'D FILE IT

>> Stephen: DO YOU KNOW OF

ANYONE WHO MIGHT HAVE ONE OF

THOSE?

>> I JUST HAPPEN TO, YES.

IT'S RIGHT HERE.

>> Stephen: ALL RIGHT.

ALL RIGHT.

OKAY.

TREVOR, CAN I FILE UNDER A

DIFFERENT NAME BECAUSE COLBERT

SUPER PAC SHHH ISN'T

SUFFICIENTLY TEA PARTY ENOUGH

FOR ME.

>> SURE.

YOU CAN DO A NICKNAME LIKE A

"DOING BUSINESS AS" NAME

>> Stephen: SOMETHING TO PUT A

LITTLE BIT MORE PRESSURE ON THE

I.R.S., OKAY.

I WAS THINKING MAYBE "MAKING

AMERICA A BETTER TEA PARTY

PATRIOT 9-12 PLACE TO

CONSTITUTION AMERICA TEA PARTY

NOMINALLY SOCIAL WELFARE

CONSERVATIVE POLITICAL ACTION

TEA PARTY SECRET MONEY LIBERTY I

DARE YOU TO DENY THIS

APPLICATION OF AMERICA TEA PARTY

PARTY."

>> THAT OUGHT TO DO IT.

Stephen: ALL RIGHT.

RIGHT HERE?

>> RIGHT THERE

Stephen: THERE THAT IS AND,

TREVOR, LET'S DO THIS THING.

TREVOR POTTER.

>> THANK YOU.

Stephen: TREVOR POTTER, WE'LL

BE RIGHT BACK.

[ CHEERS AND APPLAUSE ]

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