[oldembed src="https://www.youtube.com/embed/uEuAVF5fxMk?rel=0" width="425" height="239" resize="1" fid="21"]

This purely political ad was prepared by the American Energy Alliance, which has a 501(c)4 tax exemption from the IRS. This exemption allegedly means it engages in charitable and community action and is not engaged in politics. The AEA is funded by the Koch brothers. It's bad enough groups like this are destroying democracy - but they're tax exempt, too?

I'm glad that the IRS is looking at this, but forcing people to disclose after the election may be far too late. They may have bought the election by then:

An Internal Revenue Service decision revoking the tax-exempt status of a small political nonprofit organization may foreshadow an investigation into groups such as Crossroads GPS and Priorities USA that spend millions on the 2012 U.S. presidential election. At risk would be the groups’ nonprofit status, which lets them collect millions of dollars from individuals and corporations while keeping donors anonymous. President Barack Obama and Republican challenger Mitt Romney are benefitting from such nonprofits. Crossroads GPS was started with help from former President George W. Bush’s chief political strategist, Karl Rove. Priorities USA was co-founded by Bill Burton, a former Obama aide. The recent IRS decision sends a signal that it may turn its attention after November’s election to major nonprofits involved in this year’s election, said Marcus Owens, a lawyer and former IRS director who oversaw nonprofits. “The message is groups like Crossroads need to be prepared to explain to the IRS why they’re entitled to tax-exempt status,” said Owens.

Why wait? It won't make much difference after the election.