1. Another Progressive Dark Money Outfit: North Fund
An obscure progressive nonprofit called the North Fund has scaled up operations during the last two years, allowing the group to quietly work in high-profile legislative fights in Washington and state capitals.
2. Do As I Say, Not As I Do
The North Fund's structure make it the latest progressive nonprofit to operate in ways that obscure key financial information from the public, even as it pushes for legislation to limit the role of so-called dark money in politics.
3. Founded in late 2018, the North Fund's budget shot up from $9.3 million in 2019 to nearly $50 million last year. It doled out nearly $18 million to other progressive groups — primarily other nonprofit advocacy groups, but with some going to outright political organizations.
4. The North Fund acts as the legal umbrella for several other organizations, including voting rights group Just Democracy and 51 for 51, which pushes for D.C. statehood.
5. The North Fund is shadowy even by the standards of D.C. advocacy groups. It has no website. Its address is a shared workspace. And in March, it won a fight against Montana officials trying to force the group to disclose its donors.
6. The North Fund's subsidiary organizations are more prominent — and are spending significant sums on top progressive agenda items.

Just Democracy recently kicked off a seven-figure ad campaign attacking Sen. Kyrsten Sinema over her opposition to nuking the filibuster.
7. The North Fund operates as a "fiscal sponsor" for Just Democracy and other groups under its umbrella, a legal designation effectively allowing those groups to operate as any stand-alone nonprofit would but without submitting their own financial information to the IRS.
8. That's an increasingly common structure on the left, with large groups such as the Sixteen Thirty Fund seeding scores of progressive advocacy outfits and steering millions to them in ways that obscure key financial details.

The End

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More from @bansisharma

12 Jul
Read the below thread and cry. All this resulted in GOP losing the presidency and the Senate. Why? Because:
a) Dems and MSM always define the terms of the debate.
b) GOP cannot highlight their own successes for shit. They spent all their time futilely talking down mail-in voting.
Watch GOP now stand by and let the Democrats destroy the economy with higher tax rates, while the kooks in the GOP drag the party down the rabbit hole of futile audits seeking vindication for the bruised ego of a fallen idol who was outwitted by Democrats via mail-in voting.
How hard is this for GOP to understand? Always, always focus on what is good for the people of these United States of America, and explain again and again what makes good ideas good. Ideas never explain themselves.
Read 4 tweets
12 Jul
1. The (Not So) Invisible Hand of Tax Cuts

In 2017, Congress reduced the corporate tax rate to 21%, lowering the highest rate in the industrialized world and putting American businesses on a more level playing field with their global competitors.

Let's what ensued in 2018-2019.
2. In the next two years, after the tax cuts went into effect, the U.S. economy boomed, with increased capital investment, more jobs, and more income growth. Workers benefited tremendously, with record-breaking wage increases, lower unemployment rates, and falling poverty levels.
3. Let's review how the 2017 tax cuts benefited working people. In 2018-2019, real wages grew 4.9%, the fastest two-year growth rate in real wages in 20 years. Real median wages increased $4,400 in 2019, the largest one-year increase in U.S. history.
Read 11 tweets
11 Jul
1, Regulating Big Tech

Frankly, this is not as complicated in principle as some make it sound. To the extent an industry is accorded special govt dispensations and protections, more rigorous govt regulations are warranted and applied as a matter of course. For example, banks.
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Read 6 tweets
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The Woman Who Would Be King

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There has to be a brain-eating bacteria or virus on the loose in the Biden White House.
What if the government issues a free photo id with 100 free photocopies upfront for anyone who wants them?
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10 Jul
When Even Washington Post Editorial Board Recognizes The Villainy of Teachers Unions

Teachers Unions are truly the enemy of the people.
House Democrats and the Biden Administration are trying to kill a school choice program in DC for poor kids. 92% of the beneficiaries of the program are African American or Hispanic kids.

Obama also tried to kill this program while sending his own daughters to a private school. Image
The modest program (annual federal cost $17.5 million), that Teachers Unions are gunning to kill off, does a lot of good for poor kids in DC. Image
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23 Jun
Fund The Police Quick; Biden Cries Uncle!

Biden admits, without explicitly saying it, that the Democratic lunacy about defunding the police has cost many lives and is now biting Democratic politicians in their behinds. 1/2 Image
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