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

[Smith, Brad]

You mean only if there is a meaningful difference in the types of speech c4s and c6s can engage in in terms of the majority of their spending that may not be for political campaign purposes. Obviously, there will be adds from c4s, such as the one you link, that are not much or any different from those run by 527s - that it is the political activity that c4s can do so long as it is not their primary activity. That still leaves an effective 50%+ tax if your goal is pure political activity.


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: Adam Bonin [adam at boninlaw.com]
Sent: Friday, July 13, 2012 9:07 AM
To: Smith, Brad; law-election at uci.edu
Subject: RE: [EL] Check out Super-PACs: Little From Corporations - Bloomberg

Only if you believe there’s a meaningful difference in the types of speech c4s and c6s can engage in, compared to SuperPACs. This Crossroads GPS ad, for example, is pure c4: http://www.youtube.com/watch?v=PdIKr_zX7FE

-Adam

From: Smith, Brad [mailto:BSmith at law.capital.edu]
Sent: Friday, July 13, 2012 9:03 AM
To: Adam Bonin; law-election at uci.edu
Subject: RE: [EL] Check out Super-PACs: Little From Corporations - Bloomberg

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<mailto: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<mailto:JBoppjr at aol.com>; rhasen at law.uci.edu<mailto:rhasen at law.uci.edu>; law-election at uci.edu<mailto: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
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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> [mailto:law-election-bounces at department-lists.uci.edu]<mailto:[mailto:law-election-bounces at department-lists.uci.edu]> On Behalf Of JBoppjr at aol.com<mailto:JBoppjr at aol.com>
Sent: Friday, July 13, 2012 8:37 AM
To: rhasen at law.uci.edu<mailto:rhasen at law.uci.edu>; law-election at uci.edu<mailto: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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