[EL] Check out Super-PACs: Little From Corporations - Bloomberg

[Smith, Brad]

Because all the money contributed can be used for direct political activity. Using a c4 or c6 essentially imposes a 50% tax on your political expenditures.


Bradley A. Smith

Josiah H. Blackmore II/Shirley M. Nault

   Professor of Law

Capital University Law School

303 E. Broad St.

Columbus, OH 43215

614.236.6317

http://law.capital.edu/faculty/bios/bsmith.aspx

________________________________
From: law-election-bounces at department-lists.uci.edu [law-election-bounces at department-lists.uci.edu] on behalf of Adam Bonin [adam at boninlaw.com]
Sent: Friday, July 13, 2012 8:48 AM
To: JBoppjr at aol.com; rhasen at law.uci.edu; law-election at uci.edu
Subject: Re: [EL] Check out Super-PACs: Little From Corporations - Bloomberg

Why would any corporation contribute directly to a publicly-disclosed SuperPAC when they can instead engage in political activities via 501c4s and 501c6s?


Adam C. Bonin
The Law Office of Adam C. Bonin
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(215) 864-8002 (w)
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adam at boninlaw.com<mailto:adam at boninlaw.com>
http://www.boninlaw.com<http://www.boninlaw.com/>



From: law-election-bounces at department-lists.uci.edu [mailto:law-election-bounces at department-lists.uci.edu] On Behalf Of JBoppjr at aol.com
Sent: Friday, July 13, 2012 8:37 AM
To: rhasen at law.uci.edu; law-election at uci.edu
Subject: [EL] Check out Super-PACs: Little From Corporations - Bloomberg

This is disappointing but not unexpected, at least by me.  Only 7.6% of contributions to Super PACs are from corporations and almost all of these are privately held corps.  This means almost no participation by publicly held corps.  Another anti-CU fantasy dispelled, just like the "foreign money" fantasy.  Jim Bopp

Click here: Super-PACs: Little From Corporations - Bloomberg<http://go.bloomberg.com/political-capital/2012-07-12/super-pacs-little-from-corporations/>
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