Labor Unions are not dead. They are reloading.

[Geee]

american Thinker:

Labor unions suffered a setback in Wisconsin last week, but anyone who thinks they've been knocked dead is living in a dream world. There are laws on the books which ensure that the unions will always bounce back. Scott Walker knocked them down, but they will come back up like a bobo doll, and long after he is out of office, they will continue clutching for more power. All the laws are on their side.

The only certainties are death and tax [exemption]

Labor unions are categorized as tax-exempt 501©5 organizations. In 2010, these organizations collectively held $32,498,906,714 in assets. This number comes from the combined assets of all labor unions and farm bureaus. After all their expenses, lobbying efforts, and voter intimidation efforts, these organized labor gangsters still have more money than the entire GDP of many countries. None of it is taxed, and 92% of them are in violation of Dept. of Labor audits.

If this 32 billion were taxed at the corporate tax rate, it could pay for the entire Army Reserves budget and have 3.5 billion left over. For those counting at home, that's about as much as the U.S. government loses in the time it takes our president to play a round of golf.

In other words, labor unions have more money that Wisconsin has. They are not afraid of Scott Walker. They will not wither up and die anytime soon. They are protected by tax exemption. If they have a bad year in Wisconsin, they will simply shift the funds around and pick a fight in another state where they can win, or they will lobby the federal government to override the states. Tax exemption guarantees that they will always have plenty of money for political work, and it is no secret that they own the soul of our president already.

Tax-exempt status was given to unions as a favor by a couple of leftist hacks during the passage of the Revenue Act of 1913, which came on the heels of the 16th Amendment (the income tax). The act was sponsored by Oscar Underwood, a career Democrat from Alabama, and Furnifold Simmons, a white supremacist Democrat from North Carolina. Tax exemption ensured that labor unions would have plenty of money on hand for political work, and that they would use it to reward the politicians who allied with them and punish those who didn't. As long as this clause remains in the Revenue Act, unions will always have an advantage.