Hacker Newsnew | past | comments | ask | show | jobs | submit | fff_123l's commentslogin

The title was changed, but "dark money" has a specific meaning in US politics that is now lost:

https://en.wikipedia.org/wiki/Dark_money

Such a group is not a PAC or a Super PAC, but anonymizes donors. It can be used as a vehicle to transfer money to a Super PAC while only naming the dark money group and keeping the donors secret.


This is exactly what the linked article said:

> Garry’s List is structured as a 501(c)4 nonprofit, a tax designation that lets the group bankroll campaigns while affording donors a measure of secrecy they would not enjoy if giving directly. They are traditionally known as “dark-money” groups because they can spend on elections without revealing all their donors.


Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: