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From how i read it, the corporate expenditures are independent of the campaign...

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WCGreen Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 01:45 AM
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From how i read it, the corporate expenditures are independent of the campaign...
in other words, they are bound to be set like the 527s that we have all come to love and hate only without the time line and contribution restrictions.

I wonder if those expenditures will be tax deductible for corporations?

If they are, then one could make a case to make individual contributions to a 527 also deductible from income before taxes.

There are some very interesting fall outs from what the supreme ruled yesterday.
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CaliforniaPeggy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 01:49 AM
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1. This is the first of the interesting fall outs.
Perhaps someone will figure out some small, smart way to trap them as they seek more influence.

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Cronus Protagonist Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 01:51 AM
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2. Let's get down to REGULATING these corporations
If we can't ban their "contributions", at least we can regulate their fiscal actions. A well placed law or two governing how corporate officers can spend their shareholders money could nip this in the bud.
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WCGreen Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 01:59 AM
Response to Reply #2
3. Yep and if the GOP rants against it, we paint them as in favor of the rich
running it all...
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Cronus Protagonist Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 02:04 AM
Response to Reply #3
4. I thought that was taken for granted
lol but for sure, we need a LOT more regulation of corporations.
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