Page 5 of 8 FirstFirst ... 34567 ... LastLast
Results 41 to 50 of 72

Thread: Corporate v. individual Speech

  1. #41
    Sage
    HumblePi's Avatar
    Join Date
    Sep 2018
    Last Seen
    Today @ 07:22 AM
    Lean
    Centrist
    Posts
    12,064

    Re: Corporate v. individual Speech

    Quote Originally Posted by Bullseye View Post
    Except they are prohibited by federal law of donating to candidates. Minor detail.
    You are referring to 'soft money' which corporations are not allowed to contribute to a candidate. Yes, that's prohibited. But, you're overlooking the 'dark money' donations made by special interests to a Super PAC where they can push all the money they want and not have to disclose it. Dark money is political spending by nonprofit organizations who don't have to disclose their donors. (minor detail there) This is why candidates like Elizabeth Warren will have campaign finance reform as one of her first priorities when she's president.




  2. #42
    Conservatarian Guru
    Bullseye's Avatar
    Join Date
    Mar 2018
    Location
    San Diego
    Last Seen
    Today @ 01:54 AM
    Gender
    Lean
    Other
    Posts
    13,882

    Re: Corporate v. individual Speech

    Quote Originally Posted by HumblePi View Post
    You are referring to 'soft money' which corporations are not allowed to contribute to a candidate. Yes, that's prohibited. But, you're overlooking the 'dark money' donations made by special interests to a Super PAC where they can push all the money they want and not have to disclose it. Dark money is political spending by nonprofit organizations who don't have to disclose their donors. (minor detail there) This is why candidates like Elizabeth Warren will have campaign finance reform as one of her first priorities when she's president.
    Actually, I was referring to "hard money" - direct contributions to candidates or party committees.

    Here's some good info on who can or cannot donate to PACs

    High lights:

    Corporations and labor organizations
    The Act prohibits corporations and labor organizations from making contributions and expenditures in connection with federal elections.
    This prohibition applies to all types of incorporated organizations, except political committees that incorporate only for liability purposes.
    The transactions described result in prohibited corporate or labor contributions and therefore must be avoided.
    Use of general treasury funds
    Corporations and labor organizations may not use their general treasury funds to make contributions to political committees or candidates.
    In addition, national banks and federally chartered corporations may not make contributions in connection with any U.S. election—federal, state or local.
    State of Liberalism Progress Report
    1961: "Ask not what your country can do for you, ask what you can do for your country" - JFK
    2019: Where's my free stuff!

  3. #43
    Sage

    Join Date
    Apr 2017
    Location
    WNC
    Last Seen
    10-14-19 @ 06:45 AM
    Gender
    Lean
    Conservative
    Posts
    7,183

    Re: Corporate v. individual Speech

    Quote Originally Posted by Mach View Post
    Isn't this just making larlge corporate donations effectively tax-free, while all grassroots donations are after tax? I haven't looked into it much, may be a silly question.
    Political contributions are not tax deductible, that would include contributions to PACs.

  4. #44
    Sage

    Join Date
    Apr 2017
    Location
    WNC
    Last Seen
    10-14-19 @ 06:45 AM
    Gender
    Lean
    Conservative
    Posts
    7,183

    Re: Corporate v. individual Speech

    Quote Originally Posted by HumblePi View Post
    You are referring to 'soft money' which corporations are not allowed to contribute to a candidate. Yes, that's prohibited. But, you're overlooking the 'dark money' donations made by special interests to a Super PAC where they can push all the money they want and not have to disclose it. Dark money is political spending by nonprofit organizations who don't have to disclose their donors. (minor detail there) This is why candidates like Elizabeth Warren will have campaign finance reform as one of her first priorities when she's president.
    Super PACs can only contribute the federal limit of $5,000 to a candidate or candidate committee, regardless of whether some of their donations were from dark money contributers.

  5. #45
    Sage
    Rich2018's Avatar
    Join Date
    Mar 2018
    Location
    Norcross, Georgia
    Last Seen
    Yesterday @ 08:08 PM
    Gender
    Lean
    Liberal
    Posts
    8,342

    Re: Corporate v. individual Speech

    Quote Originally Posted by Bullseye View Post
    Moot point - neither exist.
    Why don't the pro-American left or anti-American right not exist ?

    What is being "anti-American" and why would anyone oppose it.


    Can you give any example of the left wing Anti-America or the right wing ?

  6. #46
    Sage
    HumblePi's Avatar
    Join Date
    Sep 2018
    Last Seen
    Today @ 07:22 AM
    Lean
    Centrist
    Posts
    12,064

    Re: Corporate v. individual Speech

    Quote Originally Posted by Bullseye View Post
    Actually, I was referring to "hard money" - direct contributions to candidates or party committees.

    Here's some good info on who can or cannot donate to PACs

    High lights:
    According to your link the NRA would be prohibited from contributing to a PAC since the NRA is an incorporated entity. As a matter of fact the NRA has their very own PAC, the NRA Institute for Legislative Action (NRA-ILA), it is the lobbying arm of the NRA and it manages its political action committee (PAC) and the Political Victory Fund (PVF).

    Top recipients of contributions from gun-rights donors
    Candidate Office Amount
    Cruz, Ted (R-TX) Senate $309,021
    McSally, Martha (R-AZ) House $227,928
    Scalise, Steve (R-LA) House $132,831
    Nunes, Devin (R-CA) House $95,093
    Blackburn, Marsha (R-TN) House $85,168
    Heller, Dean (R-NV) Senate $76,713
    James, John (R-MI) Senate $75,099
    Ryan, Paul (R-WI) House $65,347
    Scott, Rick (R-FL) Senate $61,752
    Hawley, Josh (R-MO) Senate $59,760
    Source: OpenSecrets.org




  7. #47
    Sage

    Join Date
    Apr 2017
    Location
    WNC
    Last Seen
    10-14-19 @ 06:45 AM
    Gender
    Lean
    Conservative
    Posts
    7,183

    Re: Corporate v. individual Speech

    Quote Originally Posted by HumblePi View Post
    According to your link the NRA would be prohibited from contributing to a PAC since the NRA is an incorporated entity. As a matter of fact the NRA has their very own PAC, the NRA Institute for Legislative Action (NRA-ILA), it is the lobbying arm of the NRA and it manages its political action committee (PAC) and the Political Victory Fund (PVF).

    Top recipients of contributions from gun-rights donors
    Candidate Office Amount
    Cruz, Ted (R-TX) Senate $309,021
    McSally, Martha (R-AZ) House $227,928
    Scalise, Steve (R-LA) House $132,831
    Nunes, Devin (R-CA) House $95,093
    Blackburn, Marsha (R-TN) House $85,168
    Heller, Dean (R-NV) Senate $76,713
    James, John (R-MI) Senate $75,099
    Ryan, Paul (R-WI) House $65,347
    Scott, Rick (R-FL) Senate $61,752
    Hawley, Josh (R-MO) Senate $59,760
    Source: OpenSecrets.org
    Yes the NRA has it's own PAC as does Planned Parenthood and the NAACP, to name just three of the 4000 plus registered PACs, your point ??

  8. #48
    Sage
    HumblePi's Avatar
    Join Date
    Sep 2018
    Last Seen
    Today @ 07:22 AM
    Lean
    Centrist
    Posts
    12,064

    Re: Corporate v. individual Speech

    Quote Originally Posted by hanger4 View Post
    Yes the NRA has it's own PAC as does Planned Parenthood and the NAACP, to name just three of the 4000 plus registered PACs, your point ??
    My comment was a reply to comment #42, perhaps it would be good for you to go back to that and then you would know what my point is.




  9. #49
    Sage
    Rich2018's Avatar
    Join Date
    Mar 2018
    Location
    Norcross, Georgia
    Last Seen
    Yesterday @ 08:08 PM
    Gender
    Lean
    Liberal
    Posts
    8,342

    Re: Corporate v. individual Speech

    Quote Originally Posted by HumblePi View Post
    According to your link the NRA would be prohibited from contributing to a PAC since the NRA is an incorporated entity. As a matter of fact the NRA has their very own PAC, the NRA Institute for Legislative Action (NRA-ILA), it is the lobbying arm of the NRA and it manages its political action committee (PAC) and the Political Victory Fund (PVF).

    Top recipients of contributions from gun-rights donors
    Candidate Office Amount
    Cruz, Ted (R-TX) Senate $309,021
    McSally, Martha (R-AZ) House $227,928
    Scalise, Steve (R-LA) House $132,831
    Nunes, Devin (R-CA) House $95,093
    Blackburn, Marsha (R-TN) House $85,168
    Heller, Dean (R-NV) Senate $76,713
    James, John (R-MI) Senate $75,099
    Ryan, Paul (R-WI) House $65,347
    Scott, Rick (R-FL) Senate $61,752
    Hawley, Josh (R-MO) Senate $59,760
    Source: OpenSecrets.org
    Another reason to vote Democrat next year - the NRA supports GOP politicians.

  10. #50
    Conservatarian Guru
    Bullseye's Avatar
    Join Date
    Mar 2018
    Location
    San Diego
    Last Seen
    Today @ 01:54 AM
    Gender
    Lean
    Other
    Posts
    13,882

    Re: Corporate v. individual Speech

    Quote Originally Posted by HumblePi View Post
    According to your link the NRA would be prohibited from contributing to a PAC since the NRA is an incorporated entity. As a matter of fact the NRA has their very own PAC, the NRA Institute for Legislative Action (NRA-ILA), it is the lobbying arm of the NRA and it manages its political action committee (PAC) and the Political Victory Fund (PVF).

    Top recipients of contributions from gun-rights donors
    Candidate Office Amount
    Cruz, Ted (R-TX) Senate $309,021
    McSally, Martha (R-AZ) House $227,928
    Scalise, Steve (R-LA) House $132,831
    Nunes, Devin (R-CA) House $95,093
    Blackburn, Marsha (R-TN) House $85,168
    Heller, Dean (R-NV) Senate $76,713
    James, John (R-MI) Senate $75,099
    Ryan, Paul (R-WI) House $65,347
    Scott, Rick (R-FL) Senate $61,752
    Hawley, Josh (R-MO) Senate $59,760
    Source: OpenSecrets.org
    And . . .?
    State of Liberalism Progress Report
    1961: "Ask not what your country can do for you, ask what you can do for your country" - JFK
    2019: Where's my free stuff!

Page 5 of 8 FirstFirst ... 34567 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •