Quote:
Originally Posted by finnbow
Here's a good op-ed piece on the subject in which it asserts that the squirrelyness of the 501(c)(4) exemption makes problems such all this all but unavoidable. His recommendation?
Let’s get rid of 501(c)(4) status. Encourage nonprofits to forswear political activity and become 501(c)(3)s. If they can’t stomach political chastity, let them become 527s: groups still exempt from taxes but required to disclose their donors.
http://www.washingtonpost.com/opinio...7_story_2.html
Seems like a no-brainer to me.
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Quote:
Originally Posted by icenine
It is the best of both worlds for "corporations".....they can donate all they want to a campaign, but cannot be prosecuted like an individual. I mean can someone put GM or Walmart in jail? Brillantly evil....
we really need to deep six Citizen's United for the benefit of both parties and democracy.
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Quote:
Originally Posted by finnbow
Not only can corporations donate anonymously to the (c)(4) groups, so can foreign corporations and individuals. It becomes an effective means to launder foreign money intended for use in our domestic politics.
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This^ is the solution.
The real culprit in this is Chief Justice Roberts and his merry band of brothers. When a narrow ruling would have sufficed in the Citizen's United case, Robert's sent back the agreed to compromise back to the defending lawyers and instructed them to broaden it to include corporations as people.