Matt Yglesias (officially) joins the Sorosphere [Karl]
Matthew YglesiasÃ‚Â announces he’s “Big Think Tank Matt”:
I recently accepted a new job at the Center for American Progress where I’ll be working with the team that puts together ThinkProgress, the Wonk Room, and the Progress Report.Ã‚Â
Contrary to what he posted, Yglesias has actually taken a job with the American Progress Action FundÃ‚Â (APAF) — which is not the same thing as the Center for American Progress (CAP), for tax reasons.Ã‚Â Donations to APAF are not tax-deductible, but donations to CAP are. Ã‚Â Is YgelesiasÃ‚Â suggesting thatÃ‚Â a job at a 501(c)(4) organization (APAF) is being paid for with the tax-deductable funds given to a 501(c)(3) organization (CAP)? I doubt he is;Ã‚Â it is far more likely that Yglesias was just sloppy, even on a topic he should know intimately.
(The difference between 501(c)(3) and (c)(4) groups also seems to have real-world effects that folksÃ‚Â on the right likeÃ‚Â the Heritage Foundation should notice.Ã‚Â But I digress.)