(Washington Times) Richard D. Heideman - Previously, Congress enacted two pieces of legislation to discourage U.S. entities from participating in illegal boycotts against Israel or other countries. A 1977 amendment to the Export Administration Act of 1969 instituted criminal and civil penalties for such participation, and an amendment to the Tax Reform Act of 1976 instituted tax penalties for participation in illegal boycotts. Outrageously, the federal government essentially subsidizes the recent academic boycotts of Israel by granting tax-exempt status to organizations endorsing and encouraging the boycotts. It's time to put a stop to taxpayer subsidization of boycott advocates.
2014-01-24 00:00:00Full ArticleBACK Visit the Daily Alert Archive