What the hell is tax exempt status and why do we even have it in our tax code?

Yesterday there was a big to do in the news about Apple Corp. shielding profits by hiding them overseas, I suspect that Apple is not the only company given our confiscatory corporate tax structure, but what is truly amazing is the tax exempt status of so many organizations like churches, labor unions and political advocacy groups.

In recent years, more organizations involved in political causes have applied for tax exempt status under section 501(c)(4) of the tax code, which allows them to keep the names of their donors secret. 

Members of congress, and the media should stop trying to play got ya with the current administration and focus on the real scandal OUR TAX CODE.