On Totally Destroying the Johnson Amendment

Yesterday at the National Prayer Breakfast, Donald Trump (among other things) reiterated his campaign promise to “get rid of and totally destroy the Johnson Amendment.”

The phrase “Johnson Amendment” may well be meaningless to you. It’s kind of a stupid name for a broadly-misunderstood provision of the tax law. So, to get us all on the same page, a quick explainer: [Read more…]