What is 527?
1.
Also known as a "527 group", a tax-exempt organization that is created to influence elections.
The name comes from a section of the United States tax code.
These organizations are not regulated by the Federal Election Commission. Therefore, people who would normally contribute millions of dollars to a candidate, could legally contribute to one of these groups instead.
Examples of 527s:
"Swift Boat Veterans for Truth"
"MoveOn"
"Voices for Working Families"
"Americans for Progress and Opportunity"
"Laborers for Labrador Retreivers"
"Strippers for Subsidized Silicone"
Random Words:
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telepanhandler, n. A subspecies of telemarketer devoted to soliciting donations, but no less annoying for all that.
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